To provide supplemental funding to cdfi FA and naca FA award recipients, for these certified community development financial institutions (cdfis) to provide financing activities to support healthy…
Active Project Grant Awarded
- Award ID
- 241HF065162G
- Recipient
-
Local Enterprise Assistance Fund Inc. UEI DQNJK8U9E5N7
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $1,350,000
Award facts
- Assistance listing
- 21.020 Community Development Financial Institutions Program
- Completion date 56% complete
- Place of performance
- United States
Award details come from USAspending.gov.
Description
To provide supplemental funding to cdfi FA and naca FA award recipients, for these certified community development financial institutions (cdfis) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healthy foods in underserved areas. Planned activities: hffi financial assistance must be used for financial products, development services, loan loss reserves, and capital reserves (regulated institutions only), in the recipient's approved target market. End goals: the goal of the hffi financial assistance is to expand the availability of healthy foods in underserved areas, particularly the availability of healthy food retail outlets in areas designated as low income, low access food areas. Beneficiaries: profit organization, private nonprofit institution/organization, other private institution/organization investment areas and targeted populations, as defined in 12 C.F.R. 1805. Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason/purpose of modification: not applicable.
Quick answers
Who received award 241HF065162G?
241HF065162G was awarded to Local Enterprise Assistance Fund Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on September 26, 2024.
How much is award 241HF065162G worth?
$1,350,000 has been obligated on 241HF065162G.
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