Cooperative Ahorro Y Credito Lomas Verdes
Bayamón
- UEI
- MTZKZ7SXGGV3
- CAGE
- 827W0
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- Bayamón, Puerto Rico
- Website
- lomasverdes.coop
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Cooperativa De Ahorro Y Credito De La Universidad De Puerto Rico Universicoop | San Juan, San Juan | — |
| Caribe Federal | San Juan, San Juan | — |
| Cooperativa Ciapr | San Juan, San Juan | — |
| Nuestra Coop | San Juan, San Juan | — |
About the company
Cooperative Ahorro Y Credito Lomas Verdes is a non-profit, minority-owned corporate entity based in Bayamón, Puerto Rico, registered in SAM.gov and classified as a Community Development Financial Institution (CDFI). As a financial services organization, the cooperative specializes in providing financial products and services to underserved and minority communities, with a particular focus on Puerto Rico's low-income populations. The organization is committed to expanding access to affordable financial options for disadvantaged populations, offering loans, investments, and technical assistance to communities that traditionally lack comprehensive banking services.
Through multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Cooperative Ahorro Y Credito Lomas Verdes has received significant funding to support its mission. The organization has been awarded grants totaling approximately $6.117 million across four distinct grant vehicles, including a $4.957 million Equitable Recovery Program (ERP) grant to address COVID-19 economic impacts, a $1.035 million CDFI Program grant to build organizational capacity, and two technical assistance grants totaling $125,000. These grants enable the cooperative to expand lending activities, provide grants and investments in low- and moderate-income communities, acquire necessary technology and staff, and develop organizational infrastructure to better serve minority and disadvantaged populations. The grants specifically support the cooperative's efforts to create jobs, build businesses, and foster economic self-determination, with focused activities on providing financial products, technical assistance, and capacity-building services to underserved communities in Puerto Rico.
Quick answers
Is Cooperative Ahorro Y Credito Lomas Verdes registered in SAM.gov?
Yes. Cooperative Ahorro Y Credito Lomas Verdes's SAM.gov registration is active through October 9, 2027.
What is Cooperative Ahorro Y Credito Lomas Verdes's most recent federal award?
Cooperative Ahorro Y Credito Lomas Verdes's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA065181G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Cooperative Ahorro Y Credito Lomas Verdes's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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