Project Grant 241FA065457G
Award Date
9/26/24
Completion Date
6/30/28
Dollars Obligated
$900K
Federal Agency
Community Development Financial Institutions Fund
Awardee
Grow South Dakota (T4DXEXNE6XZ6)
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Dakota Resources, a non-profit community development corporation in Renner, South Dakota. The grant funding is intended to support Dakota Resources' efforts to promote economic revitalization and community development through investment in and financial assistance to CDFIs. Specifically, the grant funding must be used by Dakota Resources for financial...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Grow South Dakota $1.826 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 to June 30, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic. Under this award, Grow South Dakota will utilize the funding to...
The Department of the Treasury Community Development Financial Institutions Fund awarded Grow South Dakota $750,000 on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). This Project Grant will help create and preserve affordable housing for low-income families and economically distressed communities in South Dakota by attracting $750,000 in private capital. The Capital Magnet Fund program aims to support financing for the preservation and rehabilitation of affordable housing...
The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...
This Project Grant award of $835,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award recipient, Southeast Financial Bankstock Corporation, will use the funds to provide financial products,...
The federal Project Grant award of $250,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to support technical assistance for certified and emerging CDFIs. The goal is to build the organizational capacity of these CDFIs to serve low-income and underserved communities across the nation that lack adequate access to affordable financial products and services. The award will fund eligible activities such as personnel...
The federal Project Grant award of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the award is to promote economic revitalization and community development by providing financial and technical assistance to the awardee, First National Bancorp, Inc., a for-profit Subchapter S Corporation. The funding must be used by the CDFI for financial products, financial services...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $800,000 Project Grant to Community Reinvestment Fund, Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funds must be used by the recipient for providing financial products, financial services (for regulated institutions...
The $800,000 federal Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Propel Nonprofits, a non-profit organization based in Minneapolis, Minnesota. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will be used by Propel Nonprofits to...
This Project Grant award of $242,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to promote economic revitalization and community development. The funds will provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and communities lacking adequate access to affordable financial products and services. The award recipient, Southeast Oklahoma Community...