Tuesday, June 30, 2009

Community Development Financial Institutions Fund Awards

From the Missoulian: "On Monday, the U.S. Treasury Department announced the agencies that will receive business development money through its Community Development Financial Institutions Fund.

"Out of an applicant pool of 182, the Missoula-based Montana Community Development Corp. was among the 59 successful organizations."

The Community Development Financial Institutions Fund website includes the list of agencies receiving Recovery Act funding. The CDFI Fund Awards booklet indicates that the Montana Community Development Corporation (MCDC) will use the funds "as lending capital to small businesses in their Target Market." More information about MCDC and loans is available on the organization website.

Source: Cohen, B. (30 June 2009). "MCDC receives Treasury boost." Missoulian. B1.

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1 Comments:

Blogger Richard said...

Thanks for the information...interesting article....




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