The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of Cherokee County $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The award is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus through December 31, 2023. Specifically, the funding will allow Bank of Cherokee County to...
Mcgehee Bank received a $2,478,839 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Equitable Recovery Program (CDFI ERP, CFDA #21.033). The April 10, 2023 grant will support Mcgehee Bank's expansion of lending, grant making, and investment activities through December 31, 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic....
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Merchants and Planters Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in the United States. Under this award, Merchants and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Metro Community Development Inc. $1,050,000 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 to June 30, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of COVID-19 by providing $1.05 million to Metro Community Development Inc. to deliver financial and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Rflf 2, LLC $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic by preparing for and responding to related needs. Through this funding,...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Chickasaw Community Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic by preparing for and responding to related community needs. Through...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded First Naturalstate Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through February 9, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in their communities. Under this award, First Naturalstate...
The Bank of Kilmichael received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant, awarded June 15, 2021 for a period ending February 9, 2023, will allow the Bank of Kilmichael to provide financial and technical assistance services to communities and populations affected by the pandemic using...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Merchants & Marine Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions in preparing for and responding to the economic impacts of the coronavirus pandemic. Through this funding, Merchants & Marine Bank will...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Plaquemine Bank & Trust Company $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through December 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address economic impacts of the coronavirus pandemic by preparing for and responding to related needs. Through this funding,...