Originally published on U.S. Bank company blog

U.S. Bancorp Impact Finance is once again seeking proposals from nonprofits and Community Development Financial Institutions (CDFIs) as part of its Access Capital program to invest in emerging developers.

The Access Capital program provides financial contributions to nonprofit organizations that are focused on developing, maintaining or expanding their technical assistance or training to better support developers.  

Recipients will be selected through an application process where nonprofits submit proposals describing how they could use additional capital for technical assistance or a training program with the goal of building capacity for developers. Once proposals are submitted, Impact Finance will select three to five recipients. Organizations with both existing and new programs are encouraged to apply.  

“Capacity-building and technical assistance programs are a vital first step for emerging developers,” said U.S. Bancorp Impact Finance senior vice president Torrence Moore. “The Access Capital program supports organizations that are providing these opportunities for developers, helping them learn, network and gain skills as they grow their businesses and ultimately get ready to take on capital.”

This will be the fifth year of the program. From 2021 to 2024, Impact Finance awarded $1.2 million to 19 organizations. 

The deadline to apply is July 31, 2025, and the next round of financial contributions will be distributed in the fourth quarter of 2025.  

For more information or to obtain a copy of the request for proposals, email BusinessImpactGroup@usbank.com.

U.S. Bank

U.S. Bank

About U.S. Bank
U.S. Bancorp, with approximately 70,000 employees and $601 billion in assets as of September 30, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.

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