The U.S. Department of Health and Human Services' Administration for Children and Families awarded a $1,600,000 Project Grant under the Community Services Block Grant (CSBG) Discretionary Awards program (CFDA 93.570) to Main Street Launch, a non-profit community development corporation based in Oakland, California. The grant will fund the recapitalization of the San Francisco Business Resilience Loan Fund to provide low-interest loans to new restaurants that are creating full-time jobs and...
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 City of Oakland, California received a $7,000,000 Project Grant award from the U.S. Department of Housing and Urban Development's Community Development Block Grant - PRO (Pathways to Removing Obstacles) Housing Competition (CFDA 14.023) on January 22, 2025. This funding aims to help the city identify and remove barriers to affordable housing production and preservation over a five-year performance period ending on September 30, 2030. The grant will support a range of activities, including...
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...
This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support African Economic Development Solutions' small dollar lending program through December 2024. The grant enables the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to provide alternative financing options to underserved communities. Specifically, the funding will help defray costs of maintaining a...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $131,062 Project Grant under the Small Dollar Loan Program (CFDA 21.025) to Cook Inlet Lending Center Inc., a non-profit CDFI organization. This grant funding enables Cook Inlet Lending Center to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The program aims to help unbanked and underbanked populations in Alaska build...
This $280,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Just Community, Inc.'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 the establishment of loan loss reserves and technical assistance grants to certified Community Development Financial Institutions. Just...
The City of Oakland Human Services Department was awarded a $7,484,410.00 Formula Grant from the U.S. Department of Housing and Urban Development (HUD) under the Community Development Block Grants/Entitlement Grants program (CFDA 14.218). This grant supports the department's efforts to develop viable urban communities by providing decent housing, a suitable living environment, and expanding economic opportunities, primarily for low- and moderate-income individuals in Oakland, California. The...
This $445,000 Project Grant award was made under the Economic Development Initiative, Community Project Funding, and Miscellaneous Grants program (CFDA 14.251) administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The grant was awarded on August 13, 2024 to The Alameda County Community Food Bank Inc. (doing business as Alameda County Community FD BNK), a non-profit organization, to support economic development and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $339,536 Project Grant through the Small Dollar Loan Program (CFDA 21.025) to Community Lendingworks, a certified CDFI operating as a non-profit organization. The grant enables Community Lendingworks to establish and maintain small business loan programs that provide affordable alternatives to high-cost small dollar loans. The funding supports loan loss reserves and technical assistance to...