This Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund provides $1,217,900 to Peoples Bancshares, Inc. to support the Community Development Financial Institutions Program. The CDFI Program aims to promote economic revitalization and community development through investment in and assistance to certified and emerging Community Development Financial Institutions. Specifically, the funding will be used to build the capacity of CDFIs and empower them to grow, achieve organizational sustainability, and drive community revitalization through monetary awards and training opportunities. The period of performance for this award is from February 28, 2023 through December 31, 2026.
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