Web2 days ago · The grants are a part of a $1.73 billion initiative that are being distributed to over 600 Community Development Financial Institutions (CDFIs) across the U.S., to “strengthen the ability of ... WebThe CDFI Fund makes capital grants, equity investments, and awards to fund technical assistance and organizational capacity-building. CDFIs apply for limited funds through a competitive process that requires the CDFI, in most cases, to provide at least a 1:1 match of non-federal funds to receive financial assistance. The Fund also rewards banks ...
203 CDFI CUs Awarded Millions in Grant Money Credit Union Times
WebApr 10, 2024 · Funding will aid those communities experiencing disproportional economic effects of the pandemic. Washington, DC – Today, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has … Web2 days ago · Vice President Harris on Monday announced $1.7 billion in grants for more than 600 community lenders to support small businesses, entrepreneurs, nonprofits, … justice of the peace counter calgary
Arizona-based banks, CDFIs receive nearly $18 million in federal grants …
WebMar 21, 2024 · Mar 21, 2024. RALEIGH, N.C. — The NC Rural Center has granted $3.3 million to six Community Development Financial Institutions (CDFIs) or those with CDFI applications pending so they can expand their capacity to make loans. The grants were awarded through a $5 million program funded by the North Carolina General Assembly. Web2 days ago · The awards are through the CDFI Equitable Recovery Program, which provided grants during the economic turmoil of the COVID-19 pandemic. Harris said these grants represent the largest CDFI grant ... Web2 days ago · The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded a record $1.73 billion in grant money for … launching a nuke fo76