Project Grant RO3596715488

The federal Project Grant award, ID 231TA064635G, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to promote economic revitalization and community development. The $300,000 award, dated November 21, 2024, will be used to build the organizational capacity of certified and emerging CDFIs through technical assistance. Eligible activities include personnel compensation, professional services, travel, training, equipment,...

The federal Project Grant award of $1,250,000 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 purpose of the award is to promote economic revitalization and community development through financial and technical assistance to the recipient, Trust Federal Credit Union, a non-profit community development financial institution. The funding will be used by Trust Federal Credit Union to build its...

This $280,369 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding supports FDIC-insured depository institutions, such as FBT Bank & Mortgage, that demonstrate increased investments in certified CDFIs and expanded lending, investing, and service activities in economically distressed communities. Specifically, the grant enables the recipient...

This Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The $280,369 grant, awarded on September 19, 2024, supports Guaranty Bank and Trust Company, a certified CDFI, in increasing its investments and support for other CDFIs as well as expanding its lending, investing, and service-related activities in the most economically distressed communities. The...

Trufund Financial Services, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The award period is from June 15, 2021 through December 31, 2023. The CDFI RRP provides funding to support Community Development Financial Institutions' ability to respond to the economic impacts of the coronavirus pandemic. Trufund...

The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports Golden Bank National Association, a minority-owned, for-profit financial institution, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related...

The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $395,000 Project Grant to Dorchester Bay Neighborhood Loan Fund, Inc. through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award running from June 2021 through December 2023 will support Dorchester Bay's ability to provide financing and respond to the economic impacts of the coronavirus pandemic in its local community. The CDFI RRP aims...

The Department of the Treasury's Community Development Financial Institutions Fund awarded DC Federal Credit Union a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support DC Federal Credit Union's ability to respond to the economic impacts of the coronavirus by providing financial and technical assistance services to its members through December 31, 2023. The CDFI RRP aims to support Community...

This Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions, such as banks and thrifts, that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service...