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 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 Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), 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, awarded on November 21, 2024, will support the CDFI's efforts to deliver financial services, loans, investments, and technical assistance to underserved communities, particularly low-income and...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Cooperativa De Ahorro Y Credito Padre Salvador Ruffolo (also known as Parrocoop), a nonprofit community development financial institution located in Villalba, Puerto Rico. This award, with a performance period from November 2024 to September 2027, is intended to support the CDFI's efforts to promote economic revitalization and drive community...
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 Project Grant award, in the amount of $142,000.00, was provided by the National Science Foundation (NSF) under the Computer and Information Science and Engineering (CFDA 47.070) federal grant program. The award will fund the development of a novel, trustworthy Artificial Intelligence (AI) infrastructure to enhance access to computational power, datasets, and models that support research on social policy and poverty reduction. Key products and services to be delivered under this 2-year...
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...
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 $800,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports Resident Ownership Capital, LLC, a certified CDFI, in delivering financial products and technical assistance to low-income families and distressed communities. The funding will enable Resident Ownership Capital to provide loans, grants, financial services, and capacity-building support, with a focus on helping residents of manufactured...