Project Grant 24SDL064060G
Award Date
4/16/24
Completion Date
12/31/27
Dollars Obligated
$383K
Federal Agency
Community Development Financial Institutions Fund
Federal Grant Program
21.025
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The federal Project Grant award of $383,223 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Small Dollar Loan Program (CFDA 21.025). The grant enables the certified CDFI, CBC Federal Union, to establish and maintain small business loan programs. The objective is to offer affordable alternatives to high-cost small dollar loans and help unbanked and underbanked populations build credit and access mainstream financial...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $287,417 Project Grant to United Credit Union on April 16, 2024 under the Small Dollar Loan Program (CFDA 21.025). This grant supports United Credit Union, a certified CDFI, in establishing and maintaining affordable small business loan programs. The grant provides funding for loan loss reserves and technical assistance to enable United Credit Union to offer alternatives to high-cost small...
The federal Project Grant award of $201,192 was provided by the Community Development Financial Institutions (CDFI) Fund, part of the U.S. Department of the Treasury, under the Small Dollar Loan Program (CFDA 21.025). The grant is intended to enable Members First Credit Union, a certified CDFI, to establish and maintain a small business loan program. The primary objectives are to provide affordable alternatives to high-cost small dollar loans and help unbanked and underbanked populations build...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $295,848 Project Grant under the Small Dollar Loan Program (CFDA 21.025) to Miami Postal Service Credit Union on April 16, 2024. The grant enables the credit union, a certified CDFI, to establish and maintain a small business loan program. The goal of the program is to provide affordable alternatives to high-cost small dollar loans and help unbanked and underbanked populations in the United...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $120,140 Project Grant under the Small Dollar Loan Program (CFDA 21.025) to First Community Capital Inc., a certified CDFI and non-profit community development corporation. The grant funding enables First Community Capital Inc. to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. Specifically, the grant supports the...
This $287,417 Project Grant awarded on April 16, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund supports the Small Dollar Loan Program (CFDA 21.025). The grant enables a Certified CDFI or partnership between a Certified CDFI and Federally Insured Depository Institution to establish and maintain small business loan programs. The program's objective is to provide affordable alternatives to high-cost small dollar loans and help unbanked and...
The federal Project Grant award of $252,927 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CFDA program titled "Small Dollar Loan Program" (21.025), is intended to enable a certified CDFI or partnership between a CDFI and Federally Insured Depository Institution to establish and maintain small business loan programs. The primary objectives of the program are to provide affordable alternatives to high-cost small dollar...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $383,223 Project Grant to Finest Federal Credit Union under the Small Dollar Loan Program (CFDA 21.025). This grant supports the establishment and maintenance of small business loan programs offered by the certified CDFI to provide affordable alternatives to high-cost small dollar loans. The grant funding enables Finest Federal Credit Union to offer financial products and services that help...
This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunities Credit Union's Small Dollar Loan Program through December 2024. The Small Dollar Loan Program (CFDA 21.025) aims to increase access to affordable capital and credit-building opportunities for underserved populations through establishing and maintaining small dollar loan programs. Funding will enable the credit union to set up a loan loss reserve and...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $213,497 Project Grant to Innovations Financial Credit Union through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable capital and credit-building opportunities for underbanked populations by providing...