The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Uark Federal Credit Union on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will be used to support eligible activities such as personnel compensation,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Arlington Community Federal Credit Union on September 26, 2024. The grant will be used to promote economic revitalization and community development through financial and technical assistance to the CDFI. Planned activities include providing financial products, financial services, development services, loan loss reserves, and capital reserves in eligible markets or...
The $300,000 federal Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) and is intended to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The award recipient, Up Arkansas Federal Credit Union, will use the funding for eligible activities such as personnel compensation, professional services, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $300,000 Project Grant to American United Federal Credit Union. The grant aims to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved populations across the nation that lack adequate access to affordable financial products and services. The award will fund...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Urban Beginnings Choice Federal Credit Union on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by providing 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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Berkeley Community Federal Credit Union on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The planned activities under this award include compensation for personnel services, fringe benefits, professional services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Commercial Bancshares Of Ozark, Inc. on November 21, 2024. The grant is intended to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved markets across the nation. The funding may be used for eligible activities such as personnel...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Faith Community United Credit Union Inc. on November 21, 2024. The purpose of the grant is to promote economic revitalization and community development through technical assistance to build the capacity of certified and emerging CDFIs. The funding will be used for eligible activities such as personnel compensation, professional services, travel, training,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Erie Federal Credit Union on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities include providing financial products, financial services (for regulated institutions only),...