The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Century Bancshares, Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial and technical assistance to Community Development Financial Institutions (CDFIs). The grant funds must be used by Century Bancshares, Inc. for financial products, financial services, development...
The Community Development Financial Institutions (CDFI) Program, a federal grant initiative administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $800,000 Project Grant to Community Housing Capital, Inc., a certified CDFI based in Decatur, Georgia. The funding will enable Community Housing Capital to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved populations, with the goal of...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant on November 21, 2024 to Developing Affordable Starter Homes Fund, LLC to promote economic revitalization and community development through technical assistance. The goal of the funding is to build the organizational capacity of certified and emerging CDFIs to serve low-income people and communities that lack adequate access to affordable financial products and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Communities Unlimited Inc., a non-profit economic development organization, on September 26, 2024. The grant funding is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities under this award include providing CDFIs with...
The Century Housing Corporation received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support Century Housing Corporation's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the stated purpose of the CDFI RRP is to support Community Development Financial...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Community Development Finance Alliance on November 21, 2024. The purpose of this grant is 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 under this grant include compensation for personnel services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,735,000 Project Grant to Enterprise Community Loan Fund Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial assistance to certified and emerging CDFIs. The funding will enable Enterprise Community Loan Fund Inc., a non-profit community development corporation, to build its financial capacity to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Sustainable Neighborhoods LLC on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through financial assistance to CDFIs. The funding must be used by Sustainable Neighborhoods LLC for financial products, financial services, development services, loan loss reserves, and capital reserves in order to build...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $925,000 Project Grant to The Enterprise Center Capital Corporation on Sep 26, 2024. The grant's purpose is to promote economic revitalization and community development by providing financial and technical assistance to CDFIs that serve low-income and underserved populations. Specifically, the funding must be used by the recipient for financial products, financial services (for regulated...
This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program aims to promote economic revitalization and community development by providing technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will be used to support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The goal is...