The $300,000 Project Grant was awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding supports the CDFI program's objective of promoting economic revitalization and community development by investing in and building the capacity of certified and emerging CDFIs. Specifically, this award will enable the recipient, Leapbound Capital Inc., a non-profit CDFI organization, to deliver financial services, loans, investments, and technical assistance to underserved communities. The grant aims to empower Leapbound Capital to grow, achieve organizational sustainability, and drive economic development, with a focus on creating jobs, building businesses, and fostering economic self-determination in Native American communities nationwide. The project period spans from the award date through December 31, 2027.
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