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

WPC Community Impact Fund LLC received a $150,000 Technical Assistance award from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CFDA 21.020), effective September 30, 2025, with a completion date of October 31, 2028. This three-year project grant is designed to build organizational capacity for Community Development Financial Institutions (CDFIs) and emerging CDFIs to better serve eligible markets and low-income communities that lack adequate access to affordable financial products and services.

The technical assistance provided under this award may include eligible activities such as compensation for personal services and fringe benefits, professional service costs, travel, training and education programs, equipment, supplies, and incorporation costs. These funded activities support institutional capacity-building efforts that enable CDFIs to expand their financial service offerings and strengthen their ability to serve economically disadvantaged populations nationwide. Award recipients must maintain detailed records documenting costs incurred and achievement of specified performance goals and measures in accordance with applicable federal requirements and assistance agreement terms.

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.