Project Grant B23CPDC0339

This $300,000 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund supports the Initiative Foundation Impact Fund in promoting economic revitalization and community development through technical assistance. The funding will be used for eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies to build the organizational capacity of certified and emerging CDFIs....

This $350,000 Project Grant awarded by the U.S. Department of Commerce Economic Development Administration (CFDA 11.302 - Economic Development Support for Planning Organizations) supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Aroostook-Washington Economic Development District in northern Maine. The grant funding will allow the Northern Maine Development Commission (NMDC), the designated planning organization, to bring together public...

This $6.8 million Economic Development Administration project grant supports the Mountain | Plains Regional Native CDFI Coalition led by Four Bands Community Fund. The Coalition will grow the Indigenous finance sector across Montana, North Dakota, South Dakota and Wyoming. Key deliverables include establishing a $6.8 million revolving loan fund for Native entrepreneurs and small businesses. Additionally, the Coalition will implement a workforce training program, improve data infrastructure,...

The Economic Development and Financing Corporation (doing business as Economic Development & Financing Corp) was awarded a $1.3 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund. The grant was provided through the Community Development Financial Institutions Rapid Response Program and will support the awardee's ability to respond to the economic impacts of the coronavirus pandemic from June 2021 through June 2023. As a Community...

The Economic Development Administration within the Department of Commerce awarded a $300,000 Project Grant to the Santee-Lynches Regional Council of Governments to support development and implementation of a Comprehensive Economic Development Strategy (CEDS) for Clarendon, Kershaw, Lee, and Sumter counties in South Carolina. Through the Planning program (CFDA #11.302), EDA provides assistance to create regional economic development plans to stimulate and guide economic development. With this...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $200,000 Project Grant under the Native Initiatives program (CFDA 21.012) to the Pakini Loan Fund. The grant aims to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging Native Community Development Financial Institutions (CDFIs). Eligible activities include compensation for personnel, fringe benefits,...

This $300,000 Project Grant from the Department of Commerce Economic Development Administration supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the South Central Council of Governments, Inc. region through December 2024. The region comprises Dona Ana, Sierra, and Socorro Counties in New Mexico. Under the Economic Development Support for Planning Organizations program (CFDA 11.302), the EDA provides assistance to create regional economic...

This $350,000 Economic Development Support for Planning Organizations (CFDA 11.302) Project Grant awarded by the U.S. Department of Commerce Economic Development Administration (EDA) supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the nine-county region served by the Southwest Regional Development Commission in Minnesota. The CEDS process brings together public and private stakeholders to create an economic development roadmap to...

This $350,000 Project Grant award from the U.S. Department of Commerce's Economic Development Administration (CFDA 11.302 - Economic Development Support for Planning Organizations) supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the 15-county region served by the Southern Mississippi Planning and Development District, Inc. The CEDS process is designed to bring together public and private sector stakeholders to create an economic roadmap for...

The Department of Commerce Economic Development Administration awarded $212,500 under the Economic Development Support for Planning Organizations program (CFDA 11.302) to the Pacific Basin Development Council. The funding supports updating and implementing the Comprehensive Economic Development Strategy for American Samoa, Guam, Hawaii, and the Northern Mariana Islands from July 2022 through June 2023. The project will foster regional economic competitiveness and innovation to meet island needs,...