The University of La Federal Credit Union was awarded a $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the provision of technical assistance to build the credit union's organizational capacity to serve eligible low-income markets and communities that lack access to affordable financial products and services. Key activities to be...
The University of La Federal Credit Union received a $401,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on December 8, 2021 to promote economic revitalization and community development through December 31, 2024. Under the Community Development Financial Institutions Program, the funding will support the Credit Union's provision of financial products, services, development services, loan loss reserves, and capital reserves to...
Cooperativa De Ahorro Y Credito TU Coop received a $3.5 million project grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI) Equitable Recovery Program (ERP) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19. As a minority-owned, nonprofit financial institution focused on Hispanic American communities, Cooperativa will use the April 2023 grant funding to...
This $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Travis Credit Union's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and its approved target market. The goal is to build Travis Credit Union's capacity to lend to low-income individuals and underserved communities, promoting economic revitalization and community development...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Tucoemas Federal Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Tucoemas Federal Credit Union's ability to provide financial products and services to communities impacted by the economic effects of the coronavirus pandemic from June 2021 through December 2023. The CDFI RRP aims to...
Latino Community Credit Union received a $690,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program to promote economic revitalization and community development. The funding must be used for financial products, services, development services, loan loss reserves, and capital reserves to build Latino Community Credit Union's capacity to lend to eligible markets and low-income...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program to Cooperativa De Ahorro Y Credito TU Coop. The grant will support the awardee in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2023. Funds may be used for...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020) to Cooperativa De Ahorro Y Credito De La Universidad De Puerto Rico (Universicoop). The grant will support technical assistance activities from September 26, 2022 through June 30, 2025. Technical assistance funds must be used for eligible activities including personal services, fringe benefits,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $125,000 Project Grant under the Community Development Financial Institutions Program to Coop Ahorro Y Credito Lomas Verdes. The grant will support the provision of technical assistance services to build the awardee's organizational capacity to serve eligible low-income communities and individuals in the United States that lack adequate access to affordable financial products and services. Key activities...
The $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support technical assistance activities through June 2024. The grant was awarded to Cooperativa De Ahorro Y Credito De La Universidad De Puerto Rico (Universicoop) under the Community Development Financial Institutions Program. Funds will be used to build the awardee's organizational capacity to serve eligible low-income communities and individuals in Puerto Rico that lack...