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. The funding will provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved communities across the nation that lack adequate access to affordable financial products and services. Eligible activities under the grant include compensation for personnel and fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs for sponsoring entities. The award was granted to West Virginia Central Credit Union on November 21, 2024, with a project period running through December 31, 2027. The goal is to empower CDFIs to grow, achieve organizational sustainability, and drive community revitalization.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |