The federal Project Grant award, ID 241TA065342G, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Bayou Federal Credit Union, a non-profit organization. The $300,000 award, dated November 21, 2024, aims to promote economic revitalization and community development through technical assistance to build 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 eligible activities under this award include personnel compensation, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The goal is to strengthen the organizational capacity of CDFIs to serve their target markets effectively.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |