The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperativa De Ahorro & Credito San Blas, doing business as Credi Coop San Blas, on November 21, 2024. This grant aims to promote economic revitalization and community development by building the organizational capacity of Credi Coop San Blas, a minority-owned, non-profit CDFI that primarily serves Hispanic American communities in Puerto Rico. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies to help the organization expand its ability to deliver affordable financial products and services to underserved and low-to-moderate income populations. Credi Coop San Blas has also engaged in a federal grant sub-award with Inclusiv, Inc. in February 2025, which involves capitalization funding and additional technical assistance support to further its community financial development efforts.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |