Project Grant CLSS00000063948

This $590,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Poverty Solutions, Inc.'s delivery of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding aims to promote economic revitalization and community development by building the awardee's capacity to lend to low-income individuals...

The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Fondo Crh, Inc., a non-profit community development corporation located in Caguas, Puerto Rico. This grant, awarded on November 21, 2024, is intended to support the organization's efforts to deliver financial services, loans, investments, and technical assistance to underserved communities in Puerto Rico, with a focus on low-income, Native...

This $690,000 project grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Partners For Common Good Inc., doing business as P C G, in providing financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and individuals across the United States who lack adequate access to affordable options. The funding assists the awardee's work under the Community Development...

This $1,285,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Cooperativa De Ahorro Y Credito La Puertorriquena, a Community Development Financial Institution (CDFI), in delivering financial services, loans, investments, and technical assistance to low-income and underserved communities. The funding will enable the organization to expand lending, grant-making, and investment activities, focusing...

The $1,110,000 federal Project Grant awarded to Grant Bancshares, Inc. on September 26, 2024, is provided under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020). This funding supports Grant Bancshares, Inc., a for-profit Community Development Corporation, in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations, primarily in rural...

This $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Neighborhood Partnership Housing Services, Inc. in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding assists the awardee in building financial capacity to lend to rural and urban low-income communities and individuals...

This $175,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Affordable Housing Fund For Puerto Rico, Inc., a nonprofit community development corporation in San Juan, Puerto Rico, in delivering technical assistance and capacity-building services. The grant, awarded in November 2024, aims to empower the organization to grow, achieve sustainability, and drive community revitalization in...

The Department of the Treasury's Community Development Financial Institutions Fund awarded Grant Bancshares, Inc. a $701,530 Project Grant under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant funding will support Grant Bancshares' provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The intended outcomes are to...

This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $125,000 to People Trust to promote economic revitalization and community development. Under the Community Development Financial Institutions Program (CFDA 21.020), the financial assistance must be used for financial products, services, development services, loan loss reserves, and capital reserves to build People Trust's capacity to lend to eligible markets and low-income...

This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, with CFDA Number 21.020, is intended to invest in and build the capacity of the Cooperativa De Ahorro Y Credito Padre Salvador Ruffolo, also known as Parrocoop, a nonprofit community development financial institution located in Villalba, Puerto Rico. The funding aims to empower Parrocoop to grow, achieve organizational sustainability, and drive community...