Project Grant 211FA057176G

Award Date 12/8/21
Completion Date 12/31/24
Dollars Obligated $702K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States

The Community Development Financial Institutions Fund within the Department of the Treasury awarded Planters Holding Company $701,530 under the Community Development Financial Institutions Program (CFDA 21.020) Project Grant to promote economic revitalization and community development. Through this funding, Planters Holding Company will provide financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and its approved target market, with the goal of building financial capacity to lend to low-income individuals and underserved communities across the United States that lack access to affordable options. The period of performance is from December 8, 2021 to December 31, 2024. No subrecipient activities were indicated.

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