Pennsylvania Minority Business Development Authority- Revolving Loan Fund Capitalization P

Community & Economic DevelopmentUp to $400,000Due Dec 31, 2035

Unofficial — verify with the issuing agency before applying.

Deadline: Dec 31, 2035
Posted: Jan 1, 2024
Award amount: Up to $400,000
Focus areas: Community & economic development

Don’t miss this deadline

We’ll email you before Dec 31, 2035 so you have time to apply.

In plain English

This Pennsylvania program capitalizes Community Development Financial Institutions (CDFIs) and community-based Revolving Loan Funds (RLFs) with up to $400,000 in extended-term funding, which they in turn use to make low-interest loans to minority-owned businesses. Direct small businesses cannot apply; only CDFIs and RLFs are eligible applicants, making this a narrow, intermediary-focused program.

AI-generated summary to help you decide quickly — verify the official eligibility rules before applying.

Who can apply

Other Legal Entity — Community Development Financial Institutions (CDFIs); Revolving Loan Fund (RLF)

About this grant

PMBDA-RLFCP program provides a source of funds with extended payment terms to successful Community Development Financial Institutions (CDFIs) and Community-based Revolving Loan Funds (RLFs) to make low-interest loans to businesses owned and operated by ethnic minorities.

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Related grants

Other open grants funding Community & economic development — soonest deadline first.

Also listed under Pennsylvania State Grants.

Source: public records via Grants.gov. UseGrants is an independent aggregator, not affiliated with any funding agency. Always confirm details on the official listing before applying.