Project Grant 211FA056820G
Award Date
12/8/21
Completion Date
12/31/24
Dollars Obligated
$702K
Federal Agency
Community Development Financial Institutions Fund
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The $1,285,000 federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020), supports Commerce Bancorp, Inc., a certified Community Development Financial Institution (CDFI), in delivering financial services, loans, investments, and technical assistance to underserved communities, particularly Native American populations. The grant, awarded on September 26, 2024, enables Commerce Bancorp to create jobs,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $259,812 Project Grant to Commerce Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports Commerce Bank, a certified CDFI, in increasing its investments and support for other certified CDFIs, as well as expanding its lending, investing, and service activities in the most economically distressed communities. The award period runs from September 19, 2024, to...
This $225,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support BDC Community Capital Corp.'s provision of financial products, services, and development assistance to promote economic revitalization and community development. Under the Community Development Financial Institutions Program, the awardee will use the funding for loans, loan loss reserves, capital reserves, and related services targeting low-income communities and...
This $300,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Bay Bancorporation, Inc.'s provision of financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income communities and populations across the United States per the objectives of the CFDA 21.020 Community Development Financial Institutions Program. Awarded on December 8, 2021 with a completion date of...
The Cooperative Business Assistance Corporation was awarded $500,000 under the Community Development Financial Institutions Program Project Grant by the Department of the Treasury's Community Development Financial Institutions Fund. The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions for financial products, services, development services, loan loss reserves, and capital reserves....
The National Community Investment Fund received a $701,530 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund. The grant will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to certified Community Development Financial Institutions. The goal is to build the financial capacity of CDFIs to lend to eligible markets and target populations as defined in 12 C.F.R....
This $400,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Security Bank and Trust Company's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding assists the awardee in building its financial capacity to lend to low-income communities and individuals who lack adequate...
This $650,000 Project Grant award was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Clinton Bancshares, Inc. The purpose of the CDFI Program is to promote economic revitalization and community development through investments in and assistance to certified and emerging CDFIs. This specific award will enable Clinton Bancshares, Inc., a for-profit subchapter S corporation, to deliver financial services, loans,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Grant Bancshares, Inc. a $701,530 Project Grant under the Community Development Financial Institutions Program (CDFI Program, CFDA 21.020). The grant funding will support Grant Bancshares' provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The intended outcomes are to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to American Bancshares, Inc. on November 21, 2024. The grant is intended to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs. The planned activities include compensation for personal services, fringe benefits, professional services, travel, training, equipment,...