The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), awarded a $625,000 Project Grant to Community First Federal Credit Union. The grant, awarded on Sep 26, 2024, is intended to support the CDFI's efforts to promote economic revitalization and community development through targeted investments and assistance in the Lakeview, Michigan area. The funding will enable Community First Federal Credit Union, a nonprofit CDFI, to deliver financial services, loans, investments, and technical assistance to underserved, low-income, and Native American communities, with the goal of creating jobs, building businesses, and fostering economic self-determination. This award is part of the CDFI Fund's broader mission, as defined by the CFDA Program 21.020, to empower certified and emerging CDFIs to grow, achieve organizational sustainability, and drive community revitalization.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $625.0k | 9/26/24 |