Posted May 18, 2010 - 5:51PM by AshevilleChamber. Filed under
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the names of five organizations which will receive federal grants under the first round of the Financial Education and Counseling (FEC) Pilot Program.
The grants, totaling $2 million in award funding made possible through fiscal year (FY) 2009 Congressional appropriations, will provide organizations financial assistance to establish and expand financial education and counseling services for prospective homebuyers.