The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,250,000 Project Grant to Cleveland Development Advisors Community Reinvestment Fund, Inc. on September 26, 2024. The purpose of this CFDA 21.020 grant is to promote economic revitalization and community development by providing financial and technical assistance to CDFIs that serve low-income and underserved populations. The grant funds will be used by the recipient to deliver financial...
The federal government awarded a $300,000 Project Grant to the Greater Cleveland Community Credit Union, Inc. under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). The purpose of the grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Western Reserve Community Fund, Inc. an $818,300 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Western Reserve Community Fund's ability to respond to the economic impacts of COVID-19 through December 2023. As a Community Development Financial Institution, Western Reserve Community Fund will utilize the grant...
This $800,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Resident Ownership Capital, LLC, a certified CDFI located in Concord, New Hampshire. The funding will be used by Resident Ownership Capital to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities that lack adequate access to affordable...
This Project Grant award of $1,110,000 was provided on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding is intended to promote economic revitalization and community development by providing financial assistance to the awardee, Grant Bancshares, Inc., a for-profit community development corporation. The financial assistance must be used by Grant Bancshares, Inc. for financial...
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 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 $1,350,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Housing Trust Community Development Fund, a non-profit organization and certified CDFI. The purpose of the award is to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funding will be used by the National Housing Trust Community...
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 Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to promote economic revitalization and community development. The award will fund technical assistance to build the capacity of certified and emerging CDFIs to serve low-income communities and populations that lack adequate access to affordable financial products and services. Eligible activities include compensation for personnel,...