The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $650,000 Project Grant to Tennessee Members 1ST Federal Credit Union on September 26, 2024. The grant supports the credit union's mission to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding must be used for financial products, financial services (for regulated...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $625,000 Project Grant to Community First Federal Credit Union on September 26, 2024. The grant funding will be used to promote economic revitalization and community development by providing financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved populations through the CDFI's...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $350,000 Project Grant to DC Federal Credit Union on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will enable DC Federal Credit Union, a minority-owned and tax-exempt nonprofit organization, to build its...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to Members 1ST Credit Union on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial and technical assistance to the CDFI to build its financial capacity and enable it to deliver affordable financial products and services to low-income and underserved populations across the United...
The $625,000 federal Project Grant award under the Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, will provide financial assistance to Financial Resources Federal Credit Union, a non-profit organization, to build its financial capacity and expand affordable financial products and services to low-income and underserved communities across the United States. The funding can be used for financial products, financial services (for...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Faith Community United Credit Union Inc. on November 21, 2024. The purpose of the grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will be used for eligible activities such as personnel compensation, professional services, travel, training,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC 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 certified and emerging CDFIs. The planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
This $300,000 Project Grant award from 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 funding will provide technical assistance to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable financial products and services. Eligible activities include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Erie Federal Credit Union 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 planned activities include providing financial products, financial services (for regulated institutions only),...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Uark Federal Credit Union 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 funding will be used to support eligible activities such as personnel compensation,...