Is The CDFI Small Dollar Loan Program Right for You?
The CDFI Fund’s Small Dollar Loan (SDL) Program is now open. Up to $13.5 million in grant funds are available as part of this new program intended to expand consumer access to financial institutions by providing alternatives to high cost small dollar lending. Grants will be made in the form of technical assistance and loan-loss reserves. Small Dollar Loan Program grant applications must be received by 5:00 PM ET on June 29, 2021, but all applicants must submit their Standard Form SF-424 by 11:59 PM ET on May 28, 2021 in order to participate in this funding round.
Join Inclusiv Senior Consultant Terry Ratigan for an overview of the SDL Program and to learn if this opportunity is right for your credit union.
|Create Date||May 24, 2021|
|Last Updated||May 24, 2021|