Project Grant OH12ECR0501

Capital Plus Financial LLC received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports Capital Plus Financial's work under the Community Development Financial Institutions Rapid Response Program, which provides resources to CDFIs through October 31, 2023 to address the economic impacts of the coronavirus pandemic in their communities. Specifically, the award will allow Capital Plus...

Commercial Capital Bank was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to support the ability of Community Development Financial Institutions to address economic challenges in low-income communities during times of economic distress or recovery. Through this funding, Commercial...

Common Capital, Inc. was awarded a $995,000 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 Common Capital's ability to provide financing and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic from June 2021 through June 2023. The Community Development Financial Institutions Rapid...

The Community Development Financial Institutions Fund (CDFI Fund) awarded Altcap a $2,585,181 project grant under the CDFI Emergency Relief Program (CDFI ERP, CFDA #21.033) on April 10, 2023. The grant will support Altcap's efforts to expand lending, grant making, and investment activities through December 31, 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a certified Community Development Financial Institution, Altcap will leverage the...

Resident Ownership Capital, LLC received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 and will support Resident Ownership Capital's ability to provide financial assistance to communities impacted by the economic effects of the COVID-19 pandemic. As a Community Development...

River City Capital Investment Corp. was awarded a $312,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The award period is from June 15, 2021 to June 30, 2023 and will support River City Capital Investment Corp.'s ability to respond to the economic impacts of the coronavirus pandemic in the United States. As part of the CDFI RRP, River City Capital...

Maryland Capital Enterprises, Inc. was awarded a $1.4 million 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 Maryland Capital Enterprises' ability to provide financial and technical assistance to businesses and communities impacted by the economic effects of the COVID-19 pandemic from June 2021 through September 2023. The Community...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community First Fund, doing business as Community First Capital, through the Community Development Financial Institutions Rapid Response Program. The two-year grant running from June 2021 through June 2023 will support Community First Capital's ability to address the economic impacts of the coronavirus pandemic on its communities. As a Community Development...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Capital Impact Partners $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) from April 2023 through December 2028. As a prime recipient, Capital Impact Partners will use this funding to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19....

Vital Healthcare Capital (V-Cap) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The two-year grant running from June 2021 through December 2023 will support V-Cap's ability to provide financing and technical assistance to communities and entities impacted by COVID-19. The CDFI RRP aims to bolster CDFIs' capacity...