The CDFI Fund of the U.S. Department of Treasury has announced that PIDC Community Capital has been awarded $1 million in grant funding to support small business lending and technical assistance for small businesses. A total of $208.7 million was awarded to CDFIs across the country to increase lending and investment activity in low-income and economically distressed communities.
PIDC Community Capital was awarded $1M which will support our small business lending and services connecting business owners to the networks and knowledge they need to support their business growth.
Over 300 CDFIs nationwide received funding. PIDC Community Capital congratulates its fellow awardees!
Read more about the CDFI Program and list of awardees online at the CDFI Fund’s website.