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Small Dollar Loan Program - Community Development Financial . . . The SDL Program provides grants for Loan Loss Reserves and Technical Assistance to enable Certified CDFIs to establish and maintain small dollar loan programs These grants will help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system
Funding Opportunities: Small Dollar Loan Program; 2024 Funding Round The Small Dollar Loan Program (SDL Program) is administered by the Community Development Financial Institutions Fund (CDFI Fund) Through the SDL Program, the CDFI Fund provides (1) grants for Loan Loss Reserves (LLR) to enable a Certified Community Development Financial Institution (CDFI)
Small Dollar Loan Program - CBO Financial Experience the Small Dollar Loan Program by CBO Financial, designed to provide affordable lending options for those in need Our SDL program focuses on helping communities access small dollar loans with clear eligibility and application processes, offering a reliable alternative to predatory lending
AL # 21. 025 Small Dollar Loan Program - SARC - Single Audit Through the Small Dollar Loan Program, the CDFI Fund provides (1) grants to enable a certified Community Development Financial Institution (CDFI) or any partnership between a certified CDFI and federally insured depository institution, with a primary mission to serve targeted Investment Areas, to establish a loan-loss reserve fund to cover the
CDFI Fund FY 2026 CJ - U. S. Department of the Treasury This new program would require 60 percent of Community Development Financial Institutions’ (CDFIs’) loans and investments to go to rural areas and would leverage existing administrative resources within the CDFI Fund to increase access to capital, infrastructure financing, and main street business development
CDFI Fund Opens First Funding Round for Small Dollar Loan Program The CDFI Fund has opened the first funding round for the Small Dollar Loan Program (SDL Program) SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending
Apply Now for the FY 2024 Small Dollar Loan Program Round! The U S Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Small Dollar Loan Program (SDL Program) today
CDFI Credit Unions Among Those Awarded $18 Million in Funds These awards significantly boost access to small dollar loans in underserved communities ” According to Treasury, the SDL Program helps Certified CDFIs address the need to expand consumer access to mainstream financial institutions and provide alternatives to high-cost small dollar loans