Leap Loan Fund, Inc.

Leap Loan Fund Inc., doing business as Leap Charties, Inc., is a non-profit, tax-exempt corporate entity registered in SAM.gov with active federal grant award status. The organization is a certified Community Development Financial Institution (CDFI) focused on economic revitalization and community development, particularly in Native and low-income communities across the United States. Its primary mission involves providing financial support, technical assistance, and capacity-building services to underserved populations through targeted grant-funded programs.

The organization has consistently received federal grant awards from the Community Development Financial Institutions Fund (CDFI Fund) within the U.S. Department of the Treasury, specifically through the CDFI Program (CFDA 21.020). These awards, ranging from $125,000 to $300,000, have been designated as Project Grants aimed at building organizational capacity, promoting economic development, and providing technical assistance to emerging and established CDFIs. The most recent grant, awarded in November 2024 for $300,000, will support investments in community revitalization, job creation, business development, and fostering economic self-determination in Native communities. Previous grants have funded activities such as compensation for personal services, professional services, travel, training and education, equipment procurement, and organizational capacity-building efforts. The grants typically have completion dates spanning multiple years, with the most recent award extending through December 31, 2027, demonstrating the organization's ongoing commitment to community economic development.