Project Grant CLSS00000064412

This $300,000 Project Grant awarded on November 21, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund will support Fondo Crh, Inc., a non-profit community development corporation in Puerto Rico, to build capacity, create jobs, and drive economic revitalization in underserved Native American and minority communities. The funding is provided through the CDFI Program (CFDA 21.020), which promotes economic development by investing in and assisting...

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...

The Project Grant award for $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable First Community Capital Inc., a certified CDFI and non-profit organization, to continue delivering financial services and support to underserved populations. The grant, with an award date of November 21, 2024 and an ultimate completion date of June 30, 2027, will fund activities such as compensation for personnel, professional...

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,...

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...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperativa De Ahorro Y Credito Familiar Progresista, a minority-owned not-for-profit organization based in Puerto Rico. This grant, with a performance period from November 2024 to December 2026, will be used to invest in and build the capacity of this CDFI. The funding will empower the organization to grow, achieve sustainability, and drive community...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to Priority Trust Credit Union, a non-profit community development organization, on September 26, 2024. The grant is funded through the CDFI Program (CFDA 21.020), which aims to promote economic revitalization and community development by investing in and assisting certified and emerging CDFIs. The award will enable Priority Trust Credit Union to deliver financial...

This federal Project Grant award of $1,285,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The award will support the non-profit community development corporation Peoplefund in delivering financial services, loans, investments, and technical assistance to underserved entrepreneurs and small businesses in low-income and economically disadvantaged communities, with a focus on...

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, as authorized under CFDA 21.020. The award will support the Cooperativa De Ahorro Y Credito De LOS Empleados Del Departamento De Hacienda, a nonprofit community development financial institution located in Puerto Rico, from November 2024 through June 2027. The funding will enable the organization to deliver financial services, loans,...