TACOMA, Wash.–CU Strategic Planning is reporting it has passed a new milestone in credit unions by crossing the $100 million mark for cumulative CDFI awards won by a single grant writing firm. The threshold was passed with the company helped win $19.1 million for credit unions this year from the CDFI Fund as part of the FY2018 FA/TA Awards.
As CUToday.info reported here, 48 credit unions were given CDFI awards this year for a total of $34.5 million.
“This industry leading company celebrates its 10th anniversary of successfully invigorating credit union CDFI performance,” CU Strategic Planning said. “With this year’s results, CU Strategic Planning reached $101.5 million in cumulative awards for 75 credit unions in 32 states, D.C. and Puerto Rico. Its staff authored 24 of the grants awarded to credit unions by the CDFI Fund.”
Established in 2008, CU Strategic Planning said it was the first firm to write a winning grant for a credit union over $1 billion, and in contrast has also won a grant for a credit union with only $100,000 in assets.
According to CU Strategic Planning, from 2008-2018 it was involved in:
- $101.5 million in Awards
- 118 winning grants
- More than $1 billion in loans originating to consumers as a result of grants
- 150,000 moderate-to-low income individuals receiving loans
“What these results reflect is the inspiring impact we’ve helped credit unions achieve in their communities and transforming lives,” said CU Strategic Planning Founder Jamie Strayer. “The significance is something I could never have imagined when I started this company at my kitchen table 10 years ago. Today, our five owners and staff of 13 are industry leaders, former trade association and credit union executives who are experts in their fields. What we’ve accomplished is only possible with a team and that’s why we win so many grants.”