Project Grant H224D140012

This $123,500 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Betterfi's Small Dollar Loan Program. Through this award under the CDFI Fund's Small Dollar Loan Program (CFDA 21.025), Betterfi will establish a loan loss reserve and receive technical assistance to develop and maintain small dollar lending to underbanked populations. The expected outcomes are increased access to affordable capital and credit building opportunities...

The Department of Commerce Economic Development Administration awarded a $1.25 million Project Grant to Altcap on March 18, 2021 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will support Altcap's revolving loan fund to provide technical, planning, and infrastructure assistance to regions in Kansas City, Missouri experiencing adverse economic impacts. The Economic Adjustment Assistance program aims to help communities recover from sudden or long-term...

This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support African Economic Development Solutions' small dollar lending program through December 2024. The grant enables the certified Community Development Financial Institution to establish a loan loss reserve and receive technical assistance to provide alternative financing options to underserved communities. Specifically, the funding will help defray costs of maintaining a...

Act! (Albany Community Together!), Inc. was awarded a $664,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant will support Act!'s ability to respond to the economic impacts of the coronavirus by providing financial and other services to communities from June 2021 through December 2023. The CDFI Rapid Response Program aims to support Community Development...

This federal Project Grant award in the amount of $741,850.00 was provided by the United States Department of Agriculture Rural Business Cooperative Services under the Rural Energy for America Program (CFDA 10.868). The grant was awarded on January 10, 2025 to American Finance L.L.C. to develop a renewable energy system project, with a targeted completion date of January 10, 2027. The program provides grants and loan guarantees to agricultural producers and rural small businesses to promote...

The Financial Access Federal Credit Union received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the recipient of a Community Development Financial Institutions Rapid Response Program (CDFI RRP) grant,...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Access To Capital For Entrepreneurs, Inc. under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year grant will support Access To Capital For Entrepreneurs' ability to provide financing and technical assistance to businesses and entrepreneurs impacted by the economic effects of the coronavirus pandemic. As a Community...

Snap Financial Access was awarded a $1,000,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The award period is from June 15, 2021 through December 31, 2023 to support Snap Financial Access' ability to respond to the economic impacts of the coronavirus pandemic in its service area in the United States. As a Community Development Financial Institution, Snap...

This $415,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Optus Financial Corporation's small dollar lending program through December 2024. Under the Small Dollar Loan Program (CFDA 21.025), the grant provides funding for loan loss reserves and technical assistance to enable the certified Community Development Financial Institution to establish and maintain affordable small dollar loans. Such loans help the unbanked and...

This $105,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support Opportunities Credit Union's Small Dollar Loan Program through December 2024. The Small Dollar Loan Program (CFDA 21.025) aims to increase access to affordable capital and credit-building opportunities for underserved populations through establishing and maintaining small dollar loan programs. Funding will enable the credit union to set up a loan loss reserve and...