The Seneca Nation of Indians has been awarded $500,000 from the federal government to help with pandemic recovery efforts.
The grant comes from the United States Department of Treasury through the Community Development Financial Institutions Equitable Recovery Program (CDFI ERP). This award assists with the economic recovery from the COVID-19 pandemic and invests in long-term prosperity.
The grant funds may be used to support lending related to small businesses and microenterprises, community facilities, affordable housing, commercial real estate and intermediary lending to non-profits and CDFIs.
The funds can also be used for financial services, development services to support borrowers and operational support for the CDFI grant recipient.
To learn more about the CDFI Fund and its programs, visit the CDFI Fund’s website at www.cdfifund.gov.
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