To promote economic revitalization and community development through technical assistance awards to build the capacity of community development financial institutions (cdfis) and emerging cdfis

The Urban League of San Diego County received a $150,000 Technical Assistance Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), awarded on September 30, 2025, with a completion date of June 30, 2029. This grant funds organizational capacity-building activities designed to strengthen the Urban League's ability to serve low-income communities and underserved populations lacking adequate access to affordable financial products and services. Eligible use of funds encompasses personnel compensation and fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs.

The technical assistance provided through this award supports the Urban League's institutional development as a certified or emerging CDFI, enabling the organization to expand its reach and effectiveness in serving eligible markets and target populations across San Diego County. With a three-year performance period, the grant directly aligns with the CDFI Program's mission to promote economic revitalization and community development by building the organizational infrastructure of community development financial institutions that serve marginalized and economically disadvantaged populations.

Activities

Technical assistance must be used for the following eligible activities subject to the applicable provisions of the uniform requirements: compensation - personal services, compensation - fringe benefits, professional service costs, travel costs, training and education costs, equipment, supplies, and incorporation costs (sponsoring entities only). End goals: the goal of the technical assistance is to build certified and emerging cdfi's organizational capacity to serve eligible markets and/or their target markets, in order to serve low-income people, and communities across the nation that lack adequate access to affordable financial products and financial services. Beneficiaries: profit organization, private nonprofit institution/organization, other private institution/organization. Investment areas and targeted populations, as defined in 12 C.F.R. 1805. Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason for modification: not applicable.