Project Grant 211BE023872G
- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $125,000 Project Grant to American Bancorp, Inc. on September 30, 2025 under the CDFI Program (CFDA 21.020). The purpose of this grant is to promote economic revitalization and community development by providing technical assistance to build the organizational capacity of certified and emerging CDFIs to serve low-income people and communities that lack adequate access to affordable...
- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $150,000 Project Grant on September 30, 2025 to Greater State Bancshares Corp (CFDA 21.020 Community Development Financial Institutions Program). The grant aims to promote economic revitalization and community development by providing technical assistance to build the organizational capacity of certified and emerging CDFIs. Eligible activities include personnel costs, professional services,...
- The Department of the Treasury Community Development Financial Institutions Fund awarded Southeast First National Bank a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support the bank in building its organizational capacity to serve eligible low-income communities and individuals across the United States who lack adequate access to affordable financial products and services through September 2024. Key activities to be...
- This Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CDFI Program (CFDA 21.020), is intended to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will support eligible activities such as compensation for personnel, fringe benefits, professional services,...
- The Department of the Treasury Community Development Financial Institutions Fund awarded $125,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Entre Capital, LLC. The Project Grant will support technical assistance activities through December 2024 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal services, fringe benefits, professional services,...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded $125,000 under the Community Development Financial Institutions Program (CFDA 21.020) to The Community Economic Development Fund I. Llc. The Project Grant will support technical assistance activities to build the recipient's organizational capacity to serve eligible markets and target populations as defined in 12 C.F.R. 1805. Allowable activities include compensation for personal and professional services,...
- This $300,000 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund will support technical assistance to build the capacity of certified and emerging CDFIs. The funding will cover eligible activities such as personnel, professional services, travel, training, equipment, and supplies to help these organizations serve low-income people and communities that lack adequate access to affordable financial products and services....
- The $300,000 federal Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on November 21, 2024 aims to promote economic revitalization and community development through technical assistance to Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding, provided under the CDFI Program (CFDA 21.020), supports eligible activities such as personnel compensation, professional services, travel, training,...
- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $300,000 Project Grant to American Bancshares, Inc. on November 21, 2024. The purpose of this CFDA 21.020 CDFI Program grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved communities. The award will fund eligible activities such as personnel...
- The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $300,000 Project Grant to Commercial Bancshares Of Ozark, Inc. on November 21, 2024. This grant under the CDFI Program (CFDA 21.020) is intended to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and underserved communities. The funding will support eligible...
PURPOSE: THE BANK ENTERPRISE AWARD PROGRAM (BEA PROGRAM) PROVIDES MONETARY AWARDS TO FDIC INSURED DEPOSITORY INSTITUTIONS (I.E., BANKS AND THRIFTS) THAT DEMONSTRATE INCREASES IN THEIR (I) INVESTMENTS AND SUPPORT TO CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS), OR (II) LENDING, INVESTING, OR SERVICE-RELATED ACTIVITIES IN THE MOST ECONOMICALLY DISTRESSED COMMUNITIES. PLANNED ACTIVITIES: THROUGH THE BEA PROGRAM, THE CDFI FUND AWARDS FORMULA BASED GRANTS TO DEPOSITORY INSTITUTIONS THAT ARE INSURED BY THE FDIC FOR INCREASING THEIR LEVELS OF LOANS, INVESTMENTS, SERVICE ACTIVITIES, AND TECHNICAL ASSISTANCE TO RESIDENTS AND BUSINESSES IN THE MOST ECONOMICALLY DISTRESSED COMMUNITIES; AND FINANCIAL ASSISTANCE AND TECHNICAL ASSISTANCE TO CERTIFIED CDFIS THROUGH EQUITY INVESTMENTS, EQUITY LIKE LOANS, GRANTS, STOCK PURCHASES, LOANS, DEPOSITS, AND OTHER FORMS OF ASSISTANCE; DURING A SPECIFIED PERIOD. END GOALS: EXPECTED OUTCOMES INCLUDE DEMONSTRATED INCREASED INVESTMENTS AND SUPPORT TO CERTIFIED CDFIS OR IN THE RECIPIENT'S LENDING, INVESTING, OR SERVICE-RELATED ACTIVITIES IN THE MOST ECONOMICALLY DISTRESSED COMMUNITIES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, AND OTHER PRIVATE INSTITUTION/ORGANIZATION. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $0 | 12/5/23 | ||
| Not listed | $170.7k | 4/6/22 |