Community Development Financial Institutions

by: Iola Bonggay

The United States Department of Treasury is an executive department as well as the official treasury of the United States federal government. The work of the treasury generally involves the process of ensuring and safeguarding the country's economic and financial systems.

The programs and initiatives of the treasury are greatly influenced by its general agency mission which is to create and sustain a strong economy and generate various economic and job opportunities by way of encouraging the conditions that foster and highlight economic growth and stability, both inside and the country and overseas, strengthening national security by eliminating and appropriately responding to threats, and ultimately, protecting the integrity of the country's financial system while simultaneously managing the government's finances and resources.

One of the prominent programs of the Department of Treasury is the Community Development Financial Institutions Fund, otherwise known as CDFI Fund.

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.

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Community Development Financial Institutions
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on artist grants and children grants.

Additional Resources

category - Small Business Grants

Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.

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Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.

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Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

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Disaster Relief Loans from GovLoans
GovLoans is a website created by the United States Federal Government that is designed to serve as the public's gateway to loan program information. One of the several kinds of loans that are featured in the GovLoans website are Disaster Relief loans.

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