Project Grant 24SDL064243G

This $117,500 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Small Dollar Loan Program. Administered through the CDFI Fund's Small Dollar Loan Program (CFDA #21.025), the grant aims to increase access to affordable small dollar loans for underbanked populations. Womenventure, a certified Community Development Financial Institution, will use the funding to establish and maintain a small dollar loan program through June...

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 Community Development Financial Institutions Fund within the Department of the Treasury awarded a $100,899 Small Dollar Loan Program Project Grant to Community Business Partnership, Inc. operating as the South Fairfax Business Resource Center. Through this award, the recipient will establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. The Small Dollar Loan Program aims to provide an alternative to high-cost small dollar loans...

This $135,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support People Incorporated Financial Services' small dollar lending program through June 2025. The Small Dollar Loan Program grant enables certified Community Development Financial Institutions to establish loan loss reserve funds and receive technical assistance grants to develop and maintain affordable small dollar loan programs. These programs are intended to...

This $281,400 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Community Lendingworks' Small Dollar Loan Program activities through September 2023. The funding will enable the certified Community Development Financial Institution to establish a loan loss reserve and provide technical assistance to increase small dollar lending to underbanked populations. Through this Small Dollar Loan Program (CFDA #21.025), the awardee aims to...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $120,000 Project Grant to Community Ventures Corporation, Inc. through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution recipient to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable small dollar loans for...

The Southern Chautauqua Federal Credit Union was awarded a $271,988 Small Dollar Loan Program project grant by the Department of the Treasury's Community Development Financial Institutions Fund. The grant will enable the credit union to establish a loan loss reserve and provide technical assistance to support a small dollar loan program. Through this funding, the credit union aims to increase access to affordable capital for underbanked populations and help them build credit. The Small Dollar...

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's Community Development Financial Institutions Fund awarded Ecdc Enterprise Development Group a $126,600 Project Grant under the Small Dollar Loan Program (CFDA 21.025). The grant will enable the recipient to establish a loan loss reserve and provide technical assistance to support small dollar lending to underbanked populations. Specifically, the loan loss reserve funds will help defray costs of maintaining a small dollar loan program, while technical assistance...

The Department of the Treasury Community Development Financial Institutions Fund awarded South Georgia Banking Company Inc. $271,988 under the Small Dollar Loan Program (CFDA 21.025) Project Grant to provide alternative lending options to underserved populations. Through December 2025, the grant will enable the establishment of a loan loss reserve and support technical assistance activities to develop and maintain a small dollar loan program. This program aims to increase access to affordable...