The U.S. Small Business Administration (SBA) awarded a $500,000 Congressional Grant (CFDA 59.059) to Baltimore Community Lending, Inc., a non-profit Community Development Financial Institution (CDFI), to support small business development and entrepreneurship initiatives in Baltimore, MD.
The funding will enable Baltimore Community Lending to provide loans, technical assistance, and lending programs that help low-income individuals and small businesses access capital and foster economic growth in underserved communities impacted by COVID-19. The grant supports a range of activities, including small business counseling, workforce training, facility upgrades, and other community economic development projects designed to assist minority, women, and veteran-owned enterprises.
Generated 3/4/25, 6:36 AM