Federal grants to People Incorporated Financial Services
People Incorporated Financial Services in Abingdon, Virginia received $2.7 million in federal grants from fiscal 2021 to 2025, across 5 awards. Its largest program was Community Development Financial Institutions Rapid Response Program (CDFI RRP), with $1.4 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$2.7 million
- Awards5
- Awarded in FY 2025$0
- Largest award$1.4 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $1.5 million |
| FY 2022 | 1 | $500,000 |
| FY 2023 | 1 | $512,293 |
| FY 2024 | 1 | $130,296 |
| FY 2025 | 0 | $0 |
Programs that fund People Incorporated Financial Services
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.4 million |
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $512,293 |
| Community Development Financial Institutions Program | 1 | $500,000 |
| Small Dollar Loan Program | 2 | $265,296 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 5 | $2.7 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.4 million |
| 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 | $512,293 |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | December 8, 2021 | $500,000 |
| 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 | $135,000 |
| Purpose: to support certified community development financial institutions (CDFIS) 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. P | Small Dollar Loan Program | April 16, 2024 | $130,296 |
Questions people ask
How much federal grant money does People Incorporated Financial Services get?
$2.7 million in 5 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives People Incorporated Financial Services the most?
The Department of the Treasury, with $2.7 million in 5 awards.
What is People Incorporated Financial Services's largest federal grant?
$1.4 million under Community Development Financial Institutions Rapid Response Program (CDFI RRP), with its first action in the period on June 15, 2021. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund People Incorporated Financial Services?
Its largest are Community Development Financial Institutions Rapid Response Program (CDFI RRP), Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) and Community Development Financial Institutions Program.
Other grant recipients in Abingdon
- People Incorporated of Virginia
- Virginia Highlands Airport Commission
- VA Highlands Community College
- County of Washington
- Friends of Southwest Virginia
- People Incorporated Housing Group
- Eo Companies
- Washington County Virginia
Largest federal grant recipients in Virginia · Federal grants in Virginia