The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Cumberland Empowerment Zone Corporation. The purpose of the award is to promote economic revitalization and community development through 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 planned activities under the award include compensation for personal services, fringe benefits, professional services, travel, training, equipment, supplies, and incorporation costs. The award has a project period from November 21, 2024 to December 31, 2027. The funding will help the Cumberland Empowerment Zone Corporation, a non-profit organization, enhance its ability to deliver affordable financial products and services to underserved communities.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $300.0k | 11/21/24 |