The Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Fondo Crh, Inc., a non-profit community development corporation located in Caguas, Puerto Rico. The grant, awarded on November 21, 2024, is funded through the CFDA 21.020 CDFI Program and is intended to support Fondo Crh's efforts to promote economic revitalization and community development in underserved communities. The grant will provide Fondo Crh with monetary...
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 $2,735,000 project grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will support the Justine Petersen Housing And Reinvestment Corporation (Justine Petersen Housing), a certified CDFI based in St. Louis, Missouri. The funding will enable Justine Petersen Housing to deliver a comprehensive suite of financial services and community development programs to low-and moderate-income individuals and small businesses in...
The $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will support the Federation of Greene County Employees Federal Credit Union (Fogce), a non-profit community development corporation, in delivering financial services, loans, and technical assistance to underserved communities in the United States. The funding, which runs from November 2024 through December 2026, will enable Fogce to build...
The Department of the Treasury's 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 who lack adequate access to affordable financial products and services. Funds will be used for technical assistance activities including...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $175,000 project grant to Affordable Housing Fund For Puerto Rico, Inc. on November 21, 2024. The CDFI Program provides monetary awards and training to support certified CDFIs in delivering financial services, loans, investments, and technical assistance to underserved communities, particularly low-income, Native American, and economically disadvantaged populations. This project grant will...
This $2,485,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Grameen America Inc., a nonprofit CDFI, in delivering microfinance and community development services to low-income, minority, and underserved populations across the United States. The funding, awarded on September 26, 2024 with a completion date of December 31, 2027, will enable Grameen America to expand access to affordable...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $24 million Project Grant to Preservation of Affordable Housing, Inc. under the Capital Magnet Fund program. The grant will support Poah, Inc.'s delivery of products and services through December 2025 aimed at attracting private investment to finance the acquisition, development, rehabilitation, and preservation of affordable rental housing and homeownership opportunities for low-income individuals and...
This $300,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020) is intended to support the capacity-building and community revitalization efforts of the Cooperativa De Ahorro Y Credito Empleados Plaza Provision Company, a nonprofit community development financial institution located in Guaynabo, Puerto Rico. The funding will empower this CDFI to deliver financial services, loans,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the El Pajaro Community Development Corporation, a non-profit community development organization based in Watsonville, California. This grant, awarded on November 21, 2024, is intended to support the organization's efforts to drive economic revitalization and community development in the Pajaro Valley region. The CDFI Program uses monetary awards and training...