The U.S. Small Business Administration's Office of the Chief Operating Officer awarded a $250,000 Congressional Grants program (CFDA 59.059) project grant to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on October 1, 2024. The grant funding will support LEDC's ongoing initiatives to advance economic and social opportunities for low-to-moderate income Latinos and other underserved communities in the Washington, D.C. area. As a certified Community Development Financial...
The $625,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program will support the Latino Economic Development Center (LEDC), a nonprofit community development corporation based in St. Paul, Minnesota. The CDFI Program funding will enable LEDC to deliver financial services, technical assistance, and economic development support to underserved Latino and minority communities, particularly focused on small businesses,...
The U.S. Small Business Administration (SBA) awarded a $108,545 Project Grant under the Microloan Program (CFDA 59.046) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on July 1, 2024. The award will fund LEDC's provision of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a certified Community Development Financial Institution...
The U.S. Small Business Administration (SBA) awarded a $1,600,000 Congressional Grants Program (CFDA 59.059) Project Grant to Neighborhood Development Center Inc., a non-profit community development corporation in St. Paul, Minnesota. The grant will fund a 5-year initiative to support small business development and entrepreneurship, including providing direct microloans under $50,000, pre-loan business planning assistance, post-loan technical support, training services, and operational...
The Latino Economic Development Corporation of Washington, D.C. (LEDC) received a $1,600,000 Project Grant award under the Community Services Block Grant (CSBG) Discretionary Awards program (CFDA 93.570), administered by the U.S. Department of Health and Human Services Administration for Children and Families. The grant, entitled "LATINO ECONOMIC DEVELOPMENT CENTER FUND FOR RESTAURANT EMPLOYMENT IN THE DC METRO AREA (FRED)", will support LEDC's efforts to promote economic and social...
The Latino Economic Development Corporation of Washington, D.C., doing business as Latino Economic Development Center (LEDC), received a $149,457 federal Project Grant award from the Community Development Financial Institutions (CDFI) Fund under the U.S. Department of the Treasury's Small Dollar Loan Program (CFDA 21.025). The grant enables LEDC, a certified CDFI, to establish and maintain a small business loan program that provides affordable alternatives to high-cost small dollar loans. The...
The Small Business Administration awarded Latino Economic Development Corporation of Washington DC $233,188 through the Microloan Program (CFDA 59.046) from July 1, 2023 to June 30, 2024. As a subrecipient, Latino Economic Development Center will provide microloans, business training, and technical assistance to start-ups and small businesses. The Center will deliver these services to disadvantaged entrepreneurs in accordance with the Microloan Program's goal of expanding access to credit for...
The Latino Economic Development Center (LEDC) will receive $629,204 under a Project Grant award from the Department of Agriculture Office of Advocacy and Outreach. The grant is part of the Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers program (CFDA 10.443), which aims to encourage and assist socially disadvantaged farmers and ranchers, as well as veteran farmers and ranchers and beginning farmers and ranchers, with owning and operating farms and ranches...
The Small Business Administration awarded a $1,000,000 project grant to the Neighborhood Development Center Inc. from FY22 through FY27 under the Congressional Grants program (CFDA 59.059). The funding will support the organization's small business development and entrepreneurship initiatives in St. Paul, MN. As indicated in the program description, the grant monies may be used to deliver technical assistance services to new and existing small businesses through programmatic activities or...
The Neighborhood Development Center Inc. was awarded a $1,000,000 project grant from the Small Business Administration Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The grant will support the organization's provision of small business development and entrepreneurship initiatives in St. Paul, Minnesota from August 1, 2022 through July 31, 2027. As described by the program, funding will enable Neighborhood Development Center Inc. to carry out...