The U.S. Treasury grant supports CDFI investment and revitalization activity, with Trailhead taking special focus on bringing more affordable credit to micro-businesses and consumers in inner-Portland.
Grants are awarded up to $2 million for serving low-income communities. Deadline is November 24. Free webinar on October 22.
Three Northwest credit unions have been awarded nearly $700,000 from the U.S. Treasury Department’s Community Development Financial Institutions fund for financial and technical assistance. The awards enable CDFIs to increase lending and investments in low-income and economically distressed communities.
Upcoming trainings in Portland and Seattle will detail the benefits of low-income or community development designation, a status that helped Express Credit Union more than double membership and improve services and technology.