The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Fellowship Baptist Church Credit Union on November 21, 2024. This grant, provided under CFDA 21.020, aims to promote economic revitalization and community development by building the capacity of certified and emerging CDFIs to serve low-income populations and communities that lack adequate access to affordable financial products and services. The funding will support Fellowship Baptist Church Credit Union's efforts to deliver technical assistance, including compensation for personal services, fringe benefits, professional services, travel, training, equipment, and supplies. This grant aligns with the CDFI Program's goal of empowering CDFIs to grow, achieve sustainability, and drive community revitalization, particularly for underserved populations such as Native Americans.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |