The Treasury Department is extending the application deadline for technical assistance grants provided under its Community Development Financial Institutions Fund for seven weeks until March 7.
There will be about $2 million available under this round of funding, maybe the final round if Congress approves the Bush Administrations proposed budget cuts for CDFI.
About two dozen credit unions received more than $1 million in CDFI technical assistance grants, ranging from $5,000 to $95,000, last year.