Project Grant 221FA059700G

Award Date 2/28/23
Completion Date 12/31/26
Dollars Obligated $660K
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
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This $660,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Southern Independent Bancshares, Inc. in delivering services under the Community Development Financial Institutions Program. The CDFI Program promotes economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions such as Southern Independent Bancshares. Through this award ending December 2026, Southern Independent Bancshares will utilize the $660K in funding to grow its capacity, achieve sustainability, and drive community revitalization by creating jobs, building businesses and fostering economic self-determination in underserved communities across the United States.

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