The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Southern Teachers & Parents Federal Credit Union on November 21, 2024. This grant, authorized under CFDA 21.020, is intended to promote economic revitalization and community development by providing technical assistance to build the organizational capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The goal is to enhance the ability of the Southern Teachers & Parents Federal Credit Union, a minority-owned non-profit organization, to serve low-income and underserved populations that lack adequate access to affordable financial products and services across the United States.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |