The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Holmes County Bank a $2.478 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Holmes County Bank's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the bank will use...
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...
The Cleveland State Bank was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support the bank's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As part of the CDFI RRP program (CFDA #21.024), the grant funds will enable the bank to provide financial and technical assistance to underserved communities and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Housing Development Fund Inc. $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through June 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, Housing Development Fund...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Homesfund $1 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 Homesfund's ability to respond to the economic impacts of the coronavirus through December 31, 2023. Specifically, the CDFI RRP funding will enable Homesfund to provide support, preparation, and response efforts to...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Copiah Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The funding supports Copiah Bank in providing financial assistance and services to respond to the economic impact of the coronavirus through December 31, 2023. As a Community Development Financial Institution, Copiah Bank will use the award to prepare for and...
The Bank of Franklin received a $1.8 million award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The funding will support the bank's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through March 2023. As the recipient of a Project Grant through the CDFI RRP, the Bank of Franklin will use the federal funds to deliver programs and services that address the needs of communities 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 Bank of Lake Village $1.826 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The funding supports Bank of Lake Village in providing financial assistance and economic relief to communities impacted by the coronavirus pandemic through December 31, 2023. Specifically, the CDFI RRP award enables the bank to prepare for...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Impact Loan Fund Inc. $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through June 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of COVID-19 by preparing for and responding to coronavirus. Impact Loan Fund will use the funding to provide loans and...