The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $300,000 Project Grant to Tronquicoop, a non-profit organization focused on community development and financial services for underserved and Native American populations. This grant is funded under the CDFI Program (CFDA 21.020), which aims to promote economic revitalization and community development through investments in certified and emerging CDFIs.
The grant will enable Tronquicoop to invest in and build the capacity of Native CDFIs, empowering them to grow, achieve organizational sustainability, and drive economic self-determination in Native communities nationwide. The funds will be used to provide financial assistance, capacity building, and technical support to these CDFIs, with the goal of creating jobs, building businesses, and fostering economic development in low-income and marginalized communities across the United States. The grant has an award date of November 21, 2024, and a projected completion date of April 30, 2027.
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