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

Mainestream Finance, a Maine-based community development corporation, received a $150,000 Technical Assistance Project Grant from the Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) awarded on September 30, 2025. The three-year grant period extends through September 30, 2028, and supports organizational capacity-building activities for certified and emerging CDFIs serving low-income communities and populations lacking adequate access to affordable financial products and services.

Under this award, Mainestream Finance will deliver technical assistance encompassing personnel compensation, fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs. These funded activities are designed to strengthen the institutional capabilities of community development financial institutions to better serve eligible markets and target populations across the nation, ultimately promoting economic revitalization and community development in underserved geographic areas.

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.