Capital For Change Inc., doing business as Chif, was awarded a $1,826,265 Project Grant 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 grant will support Chif's ability to provide financial and technical assistance to communities and businesses economically impacted by COVID-19 through March 2024. As a Community Development Financial Institution,...
The $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, with an award date of September 26, 2024, will enable Community Health Center Capital Fund Inc., a woman-owned non-profit CDFI, to deliver financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved communities across the United States. The goal of this funding is to build the...
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 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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Champions First Credit Union, a non-profit CDFI, on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial assistance to the CDFI to build its capacity to lend to and serve low-income and underserved rural and urban populations across the nation that lack adequate access to affordable...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Hias Economic Advancement Fund Inc. on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the organizational capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services,...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Caribbean Integration Community Development, Inc. on November 21, 2024. The grant, funded under CFDA 21.020, 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 planned activities under the grant include compensation...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $300,000 Project Grant to ULP Community Impact Financing LLC, a non-profit organization, to promote economic revitalization and community development through technical assistance. The goal of this 3.5-year grant, awarded on November 21, 2024, is to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved markets across the nation that lack...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $650,000 Project Grant to Clinton Bancshares, Inc. on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial and technical assistance to the recipient, a certified CDFI organization. The financial assistance must be used for financial products, financial services, development services, loan loss reserves, and...