The United States Department of Treasury is an executive department as well as the official treasury of the United States federal government. The work of the treasury generally involves the process of ensuring and safeguarding the country's economic and financial systems.
|
The programs and initiatives of the treasury are greatly influenced by its general agency mission which is to create and sustain a strong economy and generate various economic and job opportunities by way of encouraging the conditions that foster and highlight economic growth and stability, both inside and the country and overseas, strengthening national security by eliminating and appropriately responding to threats, and ultimately, protecting the integrity of the country's financial system while simultaneously managing the government's finances and resources.
One of the prominent programs of the Department of Treasury is the Community Development Financial Institutions Fund, otherwise known as CDFI Fund.
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
(continued...)
Community Development Financial Institutions
Page 2
About The Author
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on artist grants and children grants. |
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.