Up Community Impact Fund Corp.

Up Community Impact Fund Corp. is a non-profit organization registered with SAM.gov to receive federal awards. It provides technical assistance and financial support to build the organizational capacity of certified and emerging Community Development Financial Institutions (CDFIs) to promote economic revitalization and community development in underserved areas.

Up Community Impact Fund Corp. has received several federal grant awards from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). In April 2023, it was awarded $500,000 under the CDFI Fund Equitable Recovery Program to expand lending, grant making, and investment activities in low- or moderate-income communities disproportionately impacted by the COVID-19 pandemic. The funding will enable Up Community Impact Fund Corp. to increase capital and financial services for underserved borrowers, including minorities, and build organizational capacity through technology and staff acquisitions. Additionally, Up Community Impact Fund Corp. received two $125,000 Project Grants under the Community Development Financial Institutions Program in September 2022 and September 2021. These grants support technical assistance activities such as personal and professional services, travel, training, equipment, supplies, and incorporation costs to strengthen CDFIs' ability to serve low-income communities and individuals who lack access to affordable financial products and services, particularly in rural areas.