Government Grants
Business Grants
Home Owner Programs
Federal Programs
About Us
Lower East Side People"s Federal Credit Union
New York NYCDFI Awards for Lower East Side People"s Federal Credit Union
TA (2006) - $100,000
Lower East Side People’s Federal Credit Union (LESPFCU) is a certified CDFI established in 1986. LESPFCU provides traditional credit union financial products as well micro-enterprise loans, small business loans, and lines of credit, to self-employed and other small businesses. LESPFCU serves a Target Market concentrated in the Lower East Side of New York City -- a predominantly Spanish-speaking community known as "Loisaida." LESPFCU will use the 2006 Technical Assistance grant of $100,000 to 1) to purchase and install 25 new computer systems; and 2) purchase and install technology to allow for Credit/Debit/ATM Card issuance and management.
FA (2004) - $560,000
The Lower East Side People"s Federal Credit Union (LESPFCU) will use the award to facilitate growth of the credit union as it works to increase its membership base within its existing target market. With the Financial Assistance Award, LESPFCU will provide consumer loans, business loans, mortgage and affordable housing development loans in Hot Zones on the Lower East Side. LESPFCU will use the technical assistance grant to obtain staff training and to engage a consultant to perform an operations and efficiency analysis.
CORE (2002) - $574,000
The Fund"s financial assistance of $500,000.00 and technical assistance award of $74,000.00, will enable LESPFCU to expand the range of loan products and services that it offers to its community and assist with the opening of a new branch office.
CORE (2000) - $337,000
The CDFI Fund"s $337,000 award ($180,000 capital grant and $157,000 technical assistance grant) will facilitate growth of the credit union by enhancing and expanding its current menu of products and services. The technical assistance grant will support staff development, implementation of LESP"s marketing plan, and upgrading of its computer systems.
SECA (1999) - $66,740
The technical assistance grant will be used for installation costs of ATM on-line processing and an audio response phone system as well as the design portion of a communications plan.
SECA (1998) - $48,800
The technical assistance award of $48,800 will help the credit union conduct a market study of its service area"s credit needs, analyze and refine existing lending products, develop new lending products and revise its marketing strategy.
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
Hogansburg
BOC Capital Corp.
Brooklyn
Carver Federal Savings Bank
New York
CDCLI Funding Corporation, Inc.
Centereach
Citibank NMTC Corporation
New York
Commercial and Industrial Capital Corporation
Staten Island
Credit, Inc.
Bronx
GS New Markets Fund
New York
HEDC New Markets, Inc
New York
Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
Hogansburg
JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
New York
Nos Quedamos
Bronx
NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
New York
Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
Featured Government Grant Resources
Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Social Entrepreneurship
Spotlight
The U.S. Government on Cultivating Impact Investing And Social Enterprise
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.
