This Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program aims to promote economic revitalization and community development. The funding will provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income people and communities that lack adequate access to affordable financial products and services. The grant will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies. The award was granted to Magnolia FCU Community Development Corporation, a non-profit organization, and the project period runs from November 21, 2024 to December 31, 2027.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |