Project Grant B23CPIL0512

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...

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...

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,...

This $496,860 project grant from the Department of Commerce Economic Development Administration supports the Four Bands Community Fund coalition's proposal to develop an Indigenous finance industry serving Native communities in North Dakota, South Dakota, Montana, and Wyoming. Through five component projects including strategic planning, workforce development, infrastructure development, an innovation center, and a revolving loan fund, the coalition will build the Indigenous finance industry...

This $350,000 Economic Development Support for Planning Organizations grant from the Department of Commerce's Economic Development Administration supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Lake of the Ozarks Council of Local Governments region in Missouri. The CEDS process brings together public and private sector stakeholders to create an economic roadmap aimed at diversifying and strengthening the regional economy through 2025....

This $280,000 Economic Development Administration Project Grant supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Southside Planning District Commission region in Virginia. The region comprises Brunswick, Mecklenburg, and Halifax counties. Through the Economic Development Support for Planning Organizations program (CFDA 11.302), the EDA provides assistance to create regional economic development plans to guide community and regional...

The Economic Justice Fund received a $125,000 Project Grant award from the Department of the Treasury 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 organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance activities may include professional services, training, travel, and equipment...

The Department of the Treasury's Community Development Financial Institutions Fund awarded $150,000 under the Native Initiatives federal grant program (CFDA 21.012) to the Nimiipuu Community Development Fund. This two-year Project Grant will support technical assistance activities from September 2021 through September 2023 to build the organizational capacity of certified and emerging Native Community Development Financial Institutions. Funds will be used for personal and professional...