Project Grant 241FA065549G

Award Date 9/26/24
Completion Date 3/31/28
Dollars Obligated $800K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
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 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...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding will be used by the non-profit awardee, Homeworks Community Lending, LLC, to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities include...
The $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, authorized under CFDA 21.020, supports the Neighborhood Development Center Inc., a non-profit community development corporation based in St. Paul, Minnesota. The funding will enable the organization to provide financial products, financial services, development services, loan loss reserves, and capital reserves to community development financial...
The federal Project Grant award of $725,000 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 will enable the recipient, Institute Capital, Inc., a non-profit organization, to build its...
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 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) to the National Community Investment Fund (NCIF), a non-profit organization based in Chicago, Illinois. The funding will be used by NCIF to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). Specifically, the grant...
Propel Nonprofits received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support Propel Nonprofits' ability to respond to the economic impacts of COVID-19 through June 2024 by providing financial and technical assistance to community development financial institutions. The CDFI RRP aims to bolster...
This Project Grant award, totaling $1,467,000.00, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Community Development Venture Capital Alliance (CDVCA), a non-profit organization, on September 26, 2024. The purpose of the award is to promote economic revitalization and community development by providing financial and technical assistance to Community Development Financial Institutions (CDFIs) that serve...
This $300,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Leapbound Capital Inc., a non-profit organization, to promote economic revitalization and community development. The funding will be used to provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable financial products...

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 provide CDFIs with financial products, financial services, development services, loan loss reserves, and capital reserves to build their financial capacity and serve low-income and underserved communities across the nation that lack adequate access to affordable financial services. The award was granted on September 26, 2024, with a planned completion date of March 31, 2028.

Generated 8/5/25, 3:12 AM