Federal grants to Cooperativa de Ahorro y Credito Padre Macdonald
Cooperativa de Ahorro y Credito Padre Macdonald in Ponce, Puerto Rico received $3.3 million in federal grants from fiscal 2021 to 2025, across 5 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $2.5 million. In fiscal 2025 it was awarded $300,000.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$3.3 million
- Awards5
- Awarded in FY 2025$300,000
- Largest award$2.5 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $405,000 |
| FY 2022 | 1 | $125,000 |
| FY 2023 | 1 | $2.5 million |
| FY 2024 | 0 | $0 |
| FY 2025 | 1 | $300,000 |
Programs that fund Cooperativa de Ahorro y Credito Padre Macdonald
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $2.5 million |
| Community Development Financial Institutions Program | 3 | $550,000 |
| Small Dollar Loan Program | 1 | $280,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 5 | $3.3 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $2.5 million |
| Purpose: to promote economic revitalization and community development through technical assistance awards to build the capacity of community development financial institutions (CDFIS) and emerging cdfis. Planned activities technical assistance must be used for the following eligible activities subje | Community Development Financial Institutions Program | November 21, 2024 | $300,000 |
| Purpose: to provide an alternative to high-cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. Activities to be performed: through the sdl program, the cdfi fund will pro | Small Dollar Loan Program | September 23, 2021 | $280,000 |
| Purpose: to promote economic revitalization and community development through technical assistance awards to build the capacity of community development financial institutions (CDFIS) and emerging cdfis. Planned activities technical assistance must be used for the following eligible activities subje | Community Development Financial Institutions Program | September 26, 2022 | $125,000 |
| Purpose: to promote economic revitalization and community development through investment in and assistance to community development financial institutions (CDFIS) and emerging cdfis. Activities to be performed: technical assistance must be used for the following eligible activities subject to the ap | Community Development Financial Institutions Program | September 16, 2021 | $125,000 |
Questions people ask
How much federal grant money does Cooperativa de Ahorro y Credito Padre Macdonald get?
$3.3 million in 5 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Cooperativa de Ahorro y Credito Padre Macdonald the most?
The Department of the Treasury, with $3.3 million in 5 awards.
What is Cooperativa de Ahorro y Credito Padre Macdonald's largest federal grant?
$2.5 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Cooperativa de Ahorro y Credito Padre Macdonald?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Program and Small Dollar Loan Program.
Other grant recipients in Ponce
- Municipio de Ponce
- Pontifical Catholic University of Puerto Rico
- Ponce Medical School Foundation Inc
- Centros Sor Isolina Ferre Inc
- University of Puerto Rico in Ponce
- Anamar Developers, Inc
- Coalicion de Coaliciones Pro Personas Sin Hogar de Puerto Rico Inc
- Victus Puerto Rico Inc
Largest federal grant recipients in Puerto Rico · Federal grants in Puerto Rico