Project Grant CLSS00000061382

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...

This $135,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support People Incorporated Financial Services' small dollar lending program through June 2025. The Small Dollar Loan Program grant enables certified Community Development Financial Institutions to establish loan loss reserve funds and receive technical assistance grants to develop and maintain affordable small dollar loan programs. These programs are intended to...

This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunities Credit Union'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 establishing and maintaining small dollar loan programs. Funding will enable the credit union to set up a loan loss reserve and...

This $415,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Optus Financial Corporation's small dollar lending program through December 2024. Under the Small Dollar Loan Program (CFDA 21.025), the grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to establish and maintain affordable small dollar loans. Such loans help the unbanked and...

This $205,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support the Small Dollar Loan Program. Administered through the CDFI Fund's Small Dollar Loan Program (CFDA #21.025), the grant provides technical assistance and loan loss reserves to enable Iowa Community Capital, a certified Community Development Financial Institution, to establish and maintain a small dollar loan program. The program aims to increase access to affordable...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $120,000 Project Grant to Community Ventures Corporation, Inc. through the Small Dollar Loan Program (CFDA 21.025). The grant will enable the certified Community Development Financial Institution recipient to establish a loan loss reserve and receive technical assistance to develop and maintain a small dollar loan program. This program aims to increase access to affordable small dollar loans for...

The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Mi Gente Loan Fund LLC, a non-profit organization, to promote economic revitalization and community development through technical assistance. The funding will be used to build the organizational capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable...

The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...

The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Camino Loan Fund LLC. The purpose of the award is to promote economic revitalization and community development by building the capacity of CDFIs and emerging CDFIs through technical assistance. The planned activities for the award include compensation for personnel services, fringe benefits, professional services, travel,...