This federal Project Grant award of $668,069 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Vital Healthcare Capital (V-Cap), a certified CDFI and nonprofit organization, in providing financing, partnerships, and advocacy for healthcare providers serving low-income communities. The funding enables V-Cap to expand lending, grantmaking, and investment activities to promote economic revitalization and community development, with a focus on supporting community health centers, mental health clinics, and other healthcare entities in underserved areas. The grant, awarded on September 26, 2024, will run through December 31, 2027, and build V-Cap's organizational capacity, technological infrastructure, and direct financial services to healthcare providers disproportionately impacted by the COVID-19 pandemic in low- and moderate-income communities.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | ($1m) | 2/3/25 | ||
| Not listed | $1.8m | 9/26/24 |