The South Georgia Banking Company Inc. was awarded a $3.72 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) by the U.S. Department of the Treasury on April 10, 2023. The grant will support the company's expansion of lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028. Specifically, the funding will...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Investment Corp, doing business as Community Services & Research Corp, through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award will support the organization's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in funding from June 2021...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Great Southern Bank $1.826 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 Great Southern Bank's ability to respond to the economic impact of the coronavirus through December 31, 2023. Specifically, the CDFI RRP funding will enable Great Southern Bank to provide financial and...
The Georgia Cities Foundation received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the Foundation's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the designated Community Development Financial Institution (CDFI) sub-awardee, the Foundation will utilize...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Grow South Dakota $1.826 million 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' (CDFIs) ability to address the economic impacts of the coronavirus pandemic. Under this award, Grow South Dakota will utilize the funding to...
The South Carolina Community Loan Fund received a $1.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the organization's ability to respond to the economic impacts of the coronavirus pandemic through the CDFI RRP's goal period ending December 31, 2023. As the name implies, the CDFI Rapid Response Program provides flexible funding to Community Development...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $1.8 million to Southeast Community Capital Corporation under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year project grant will support Southeast Community Capital's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in financing and technical assistance to communities and businesses between June...
The South Eastern Development Foundation received a $570,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund on June 15, 2021 to support coronavirus response efforts through December 31, 2023. The funding falls under the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established by the Treasury Department to support Community Development Financial Institutions (CDFIs) in addressing the economic...
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 Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Development And Affordable Housing Fund, LLC through the Community Development Financial Institutions Rapid Response Program. The grant will support the awardee's ability to provide financial and technical assistance to communities and businesses impacted by COVID-19 from June 2021 through December 2023. As part of the CDFI Rapid Response Program, which is...