This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program is intended to promote economic revitalization and community development through technical assistance. The funding will be used by the awardee, Diversified Members Credit Union, to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable financial products and services. Eligible activities under this award include personnel compensation, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs for sponsoring entities. The project period runs from November 21, 2024 to December 31, 2027. There are no sub-recipients identified for this award.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |