Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1300 Spring St #500, Silver Spring, MD 20910, USA
- Website
- hiaseaf.org
- Founded
- 2022
- Industry
-
- Financials
- Diversified Financials
- Diversified Financial Services
- Financial Services
- SIC code
- 99 Non-Classifiable Establishments
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Grant subawards
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About the company
Hias Economic Advancement Fund Inc. is a non-profit organization registered in SAM.gov, located in Silver Spring, Maryland, with a focus on community development and economic empowerment. As a tax-exempt corporate entity, the organization specializes in providing technical assistance and capacity-building services to Community Development Financial Institutions (CDFIs), particularly those serving low-income communities and populations with limited access to affordable financial products. The organization works closely with federal agencies to support economic development initiatives, leveraging its expertise in financial services, training, and community integration.
Through federal grant awards, Hias Economic Advancement Fund Inc. has consistently demonstrated its commitment to economic revitalization and community development. The organization has received significant grant funding from the Community Development Financial Institutions Fund, including a $300,000 award in November 2024 and a previous grant from September 2022, both focused on providing technical assistance to certified and emerging CDFIs. Additionally, the organization has been involved in sub-grant awards through Hias Inc., particularly with the Department of Health and Human Services' Office of Refugee Resettlement. These grants support the Micro-Enterprise Development (MED) program, which assists refugees in becoming economically self-sufficient by providing business development support, financial literacy training, and access to capital. The organization's work involves providing comprehensive services such as loan underwriting, portfolio management, technical assistance to sub-recipients, program monitoring, and evaluation, with specific geographic focus areas including Ann Arbor, Michigan, and Cleveland, Ohio.
Quick answers
Is Hias Economic Advancement Fund Inc. registered in SAM.gov?
Yes. Hias Economic Advancement Fund Inc.'s SAM.gov registration is active through November 5, 2027.
What is Hias Economic Advancement Fund Inc.'s most recent federal award?
Hias Economic Advancement Fund Inc.'s most recent federal grant award is To promote economic revitalization and community development through technical assistance awards to build the… (241TA065238G), from Community Development Financial Institutions Fund, on November 21, 2024.
On GovTribe
See Hias Economic Advancement Fund Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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