FY24 congressional community project funding- baltimore community lending, INC 1 500K

The U.S. Small Business Administration (SBA) awarded a $500,000 Congressional Community Project Funding grant (CFDA 59.059) to Baltimore Community Lending, Inc., a non-profit Community Development Financial Institution (CDFI) located in Baltimore, Maryland. The grant, awarded on October 1, 2024, with a completion date of September 30, 2025, will support Baltimore Community Lending's efforts to provide financial and technical assistance to small businesses and entrepreneurs in underserved communities within Baltimore City. The funding will enable the organization to deliver services such as small business counseling, workforce training, and community economic development projects focused on promoting economic growth and self-determination in low-income neighborhoods. This grant is part of the SBA's broader Congressional Grants program, which aims to foster small business development and entrepreneurship initiatives across the United States, with a particular emphasis on supporting underserved entrepreneurial communities.