Four North Carolina organizations have received awards totaling $6.581 million from the U.S. Department of Treasury to increase lending in low-income areas and to promote healthier food options in those communities.
The four North Carolina organizations were among 191 who received a total of $172 million the Treasury's Community Development Financial Institutions Fund.
Two Durham-based organizations -- the Latino Community Credit Union and Self-Help Federal Credit Union -- received $1.347 million CORE awards, which enable them to increase their lending to local businesses, make investments in community facilities and provide financial services or education programs to individuals.
The Support Center in Raleigh also received an $847,000 CORE award.
Self-Help also received a $3 million award through the Health Food Financing Initiative, which is designed to encourage investments in "food deserts," which are areas with few or no health eating options.
The fourth North Carolina group to receive an award was the Mountain Housing Opportunities Loan Fund in Asheville, which received a $400,000 award to be used to support small and emerging businesses.