The $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, with an award date of November 21, 2024 and an ultimate completion date of June 30, 2027, is intended to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The goal is to enable these organizations to better serve low-income populations and communities that lack adequate access to affordable financial products and services. The eligible activities under this award include compensation for personnel, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The awardee, Cooperativa De Ahorro Y Credito Caribe Coop, is a minority-owned, Hispanic American non-profit CDFI based in Guayanilla, Puerto Rico that specializes in providing financial services, loans, investments, and technical assistance to underserved communities, with a focus on Native American economic development.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |