The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $1,250,000 Project Grant to the Impact Development Fund, a non-profit organization serving as a certified CDFI based in Loveland, Colorado. The grant, awarded on September 26, 2024, is intended to promote economic revitalization and community development by building the financial capacity of CDFIs to lend to and serve low-income populations and underserved communities across the United...
Ceds Finance provides microloans, business training, and technical assistance to small businesses and entrepreneurs in Aurora, Colorado through a $372,849 Formula Grant from the Small Business Administration's Microloan Program (CFDA #59.046). The grant period is July 1, 2023 through June 30, 2024. As a Community Development Financial Institution and microlender, Ceds Finance utilizes this funding to deliver microloans of under $50k on average and entrepreneurship support services that expand...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Co Enterprise Fund, LLC (dba Colorado Enterprise Fund), a certified CDFI and nonprofit organization. The funding will support the organization's efforts to promote economic revitalization and community development through investment in and financial assistance to CDFIs. Specifically, the grant will enable Colorado Enterprise Fund to provide financial products,...
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...
Ceds Finance received a $200,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund on June 15, 2021 to support coronavirus response efforts through September 30, 2023. The funding falls under the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established by the Treasury Department to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the pandemic...
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...
This $610,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Redf Impact Investing Fund. The funding will be used to promote economic revitalization and community development through financial and technical assistance to Community Development Financial Institutions (CDFIs). Specifically, the grant will enable Redf Impact Investing Fund to provide CDFIs with financial products, financial...
This $300,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on November 21, 2024 is intended to promote economic revitalization and community development. The funding will 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 and services. Eligible activities under the grant include...
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 through technical assistance to build the capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies for the grantee, Neda Centro De Finanzas LLC, a non-profit organization...
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...