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241FA065461-G

Project Grant

Overview

Grant Description
The CDFI program uses monetary awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization.

Through the use of monetary awards and training opportunities for Native CDFIs, the CDFI Fund’s NACA program creates jobs, builds businesses, and fosters economic self-determination in Native communities nationwide.
Funding Goals
THROUGH THE CDFI PROGRAM, THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) FUND PROVIDES (I) FA AWARDS TO CERTIFIED CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, AND (II) TA AWARDS TO BUILD CERTIFIED AND EMERGING CDFIS’ ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS. FA AWARDS INCLUDE THE BASE FINANCIAL ASSISTANCE (BASE-FA) AWARD AND MAY ALSO INCLUDE THE FOLLOWING AWARDS THAT ARE PROVIDED AS A SUPPLEMENT TO THE BASE-FA AWARD: HEALTHY FOOD FINANCING INITIATIVE [1]-FINANCIAL ASSISTANCE (HFFI–FA), PERSISTENT POVERTY COUNTIES-FINANCIAL ASSISTANCE (PPC–FA), AND DISABILITY FUNDS-FINANCIAL ASSISTANCE (DF–FA).
Place of Performance
Multi-State United States
Geographic Scope
Multi-State
Wisconsin Women's Business Initiative Corporation was awarded Project Grant 241FA065461-G worth $625,000 from Community Development Financial Institutions Fund in September 2024 with work to be completed primarily in Multi-State United States. The grant has a duration of 3 years 3 months and was awarded through assistance program 21.020 Community Development Financial Institutions Program. The Project Grant was awarded through grant opportunity Fiscal Year 2024 CDFI Program.

Status
(Ongoing)

Last Modified 10/4/24

Period of Performance
9/26/24
Start Date
12/31/27
End Date
50.0% Complete

Funding Split
$625.0K
Federal Obligation
$0.0
Non-Federal Obligation
$625.0K
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 241FA065461-G

Additional Detail

Award ID FAIN
241FA065461-G
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
2031JN COMM DEV AND NATIVE INITIATIVES
Funding Office
2031JN COMM DEV AND NATIVE INITIATIVES
Awardee UEI
JAATMXL4V115
Awardee CAGE
37WD8
Performance District
90
Modified: 10/4/24