Project Grant 90EE1299

Award Date 9/30/22
Completion Date 9/29/25
Dollars Obligated $1.6M
Funding Federal Agency
Office of Community Services
Awarding Federal Agency
Office of Grants Management
Federal Grant Program
93.570
Assistance Type
Project Grant
Place of Performance
Washington, DC, USA
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This federal Project Grant award for $800,000 was provided by the Department of Health and Human Services (HHS) Administration for Children and Families under the Community Services Block Grant (CFDA 93.570) Discretionary Awards program. The grant will support the Latino Economic Development Corporation of Washington, D.C. (LEDC), doing business as the Latino Economic Development Center, in delivering technical assistance and other capacity-building services to small businesses and startups in...
The Latino Economic Development Corporation of Washington, D.C. (LEDC) received a $2,400,000 Project Grant award from the Department of Health and Human Services' Administration for Children and Families under the Community Services Block Grant (CSBG) Discretionary Awards program (CFDA 93.570). The grant, which runs from September 30, 2024, to September 29, 2027, will fund LEDC's "Fund for Restaurant Employment in the DC Metro Area (FRED)" initiative. This project aims to create...
The Latino Economic Development Corporation of Washington DC (LEDC) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award running from June 2021 through September 2023 will support LEDC's ability to respond to the economic impacts of the COVID-19 pandemic in its service area. As a...
The U.S. Small Business Administration's Office of the Chief Operating Officer awarded a $250,000 Congressional Grants program (CFDA 59.059) project grant to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on October 1, 2024. The grant funding will support LEDC's ongoing initiatives to advance economic and social opportunities for low-to-moderate income Latinos and other underserved communities in the Washington, D.C. area. As a certified Community Development Financial...
The Latino Economic Development Center (LEDC) was awarded a $1.18 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant, awarded June 15, 2021 with a completion date of December 31, 2023, will allow LEDC to deliver financial and technical assistance services to communities and businesses harmed by the...
The $625,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Latino Economic Development Center (LEDC), a nonprofit community development corporation, in delivering financial services, technical assistance, and economic development programs to underserved communities, with a focus on Latino and minority-owned small businesses, entrepreneurs, and farmers. Through this award, LEDC will leverage...
The U.S. Small Business Administration (SBA) awarded a $108,545 Project Grant under the Microloan Program (CFDA 59.046) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on July 1, 2024. The award will fund LEDC's provision of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a certified Community Development Financial Institution...
The Latino Economic Development Center (LEDC) was awarded a $1,000,000 Project Grant from the Small Business Administration (SBA) Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The grant will support LEDC's initiatives from June 1, 2023 through March 31, 2024 to provide small business development and entrepreneurship services in St. Paul, Minnesota. As described in the program details, the Congressional Grants funding can be used to support various...
This $600,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Latino Economic Development Corporation of Washington DC in promoting economic revitalization and community development. As part of the Community Development Financial Institutions Program, the Corporation will use the funding to provide $600K in financial products, financial services, development services, loan loss reserves, and capital reserves to eligible...
The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...

The Latino Economic Development Corporation of Washington DC (LEDC) will provide $1.6 million in specialized resilience and recovery technical assistance services to support business resurgence post-COVID through September 2025. Funded by the Department of Health and Human Services Administration for Children and Families under the Community Services Block Grant Discretionary Awards (CSBG DA) program, LEDC aims to help businesses impacted by the pandemic build capacity to withstand future economic disruptions.

As the CSBG DA program focuses on community economic development, rural community development, and neighborhood innovation projects, LEDC's technical assistance appears aligned with the program's goal of fostering economic resilience at local levels. Services will likely include guidance on financial management, operational strategies, and other areas to help businesses strengthen their viability as the economy continues recovering from COVID-19 impacts. The award period of three years suggests an in-depth, sustained approach to technical assistance.

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