Project Grant CLSS00000064050

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...

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 Pathways To Prosperity, a non-profit organization, on November 21, 2024. The CDFI Program aims to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. This award will enable Pathways To Prosperity to deliver financial services, loans, investments, and...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded Providence Revolving Fund a $290,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions. Funds must be used for financial products, services, development services, loan loss reserves, and...

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...

This Project Grant from the National Science Foundation's Social, Behavioral, and Economic Sciences program (CFDA 47.075) provides $631,767 to The Regents of the University of California, Berkeley for experimental research on the intergenerational transmission of economic status using 25 years of longitudinal data from the Kenya Life Panel Survey. The University will utilize a $131,767 subaward to Innovations for Poverty Action to administer surveys to original respondents and their children,...

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...

The Department of the Treasury Community Development Financial Institutions Fund awarded Priority Credit Union a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Priority Credit Union 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 2024. Funds will be used for...

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...

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...