This $970,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Community First Fund's work to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program, the funding will allow Community First Fund to provide $970K in financial products, services, development assistance and reserves to low-income communities and individuals across the United States who...
This $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support technical assistance activities through September 2026. Under the Community Development Financial Institutions Program (CFDA 21.020), First State Bancorp Inc. dba First State Bank will build the organizational capacity of certified and emerging Community Development Financial Institutions. They will provide services such as professional expertise, training, and...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $476,530 to First Suncoast Trust Bancshares, Inc. to promote economic revitalization and community development through the Community Development Financial Institutions Program (CFDA 21.020). The funding must be used for financial products, services, development services, loan loss reserves, and capital reserves to build financial capacity and serve low-income and...
This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $766,530 to Freedom First Federal Credit Union to promote economic revitalization and community development. Under the Community Development Financial Institutions Program (CFDA 21.020), financial assistance must be used for products, services, development services, loan loss reserves, and capital reserves to build capacity for lending to eligible markets and low-income...
This $781,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves by Fnbc Bancorp Inc., doing business as Fnbc Bank. The goal is to build the awardee's financial capacity to lend to eligible markets and target populations as defined in 12 C.F.R. 1805, in order to serve low-income rural and urban communities...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,035,000 Project Grant to First Suncoast Trust Bancshares, Inc. The award, under CFDA 21.020, will support the organization's efforts to invest in and build the capacity of Community Development Financial Institutions (CDFIs). This funding will empower CDFIs to grow, achieve organizational sustainability, and drive economic revitalization in underserved communities, including Native...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $2 million Project Grant to Community First Fund to support economic revitalization and community development through the Community Development Financial Institutions Program (CFDA 21.020). Through this award, Community First Fund will invest in and build the capacity of certified Community Development Financial Institutions, empowering them to grow, achieve sustainability, and drive community...
The federal Project Grant award in the amount of $1,035,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to First National Financial Corporation. The award is intended to invest in and build the capacity of Community Development Financial Institutions (CDFIs), empowering them to grow, achieve organizational sustainability, and drive community revitalization, particularly in Native American communities. The funding...
The First Bank received a $6.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant aims to expand The First Bank's capital access and financial services for underserved borrowers and communities through December 2028. As a designated Community...
This $482,900 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support First Suncoast Trust Bancshares, Inc.'s efforts to promote economic revitalization and community development. Awarded on February 28, 2023 under the Community Development Financial Institutions Program (CFDA #21.020), the funding will be used to build the capacity of certified and emerging Community Development Financial Institutions through monetary awards and...