This $781,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves by Fnbc Bancorp Inc., doing business as Fnbc Bank. The goal is to build the awardee's financial capacity to lend to eligible markets and target populations as defined in 12 C.F.R. 1805, in order to serve low-income rural and urban communities...
This $900,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to First National Bancorp, Inc. The grant will support the CDFI's efforts to promote economic revitalization and community development through financial services, loans, investments, and technical assistance targeted at underserved low-income, Native American, and economically disadvantaged populations. The funding will...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $2,600,000 Project Grant under the Native Initiatives program (CFDA 21.012) to The Native American Bancorporation Co. The grant will be used to provide financial products, financial services, development services, loan loss reserves, and capital reserves to Native Community Development Financial Institutions (CDFIs) in order to build their financial capacity to lend to low-income and...
This $1,035,000 Project Grant was awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The grant funding supports the CDFI program's mission to promote economic revitalization and community development through investments in and assistance to certified and emerging Community Development Financial Institutions (CDFIs). Specifically, this grant award will enable the awardee, First National Financial...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $550,000 Project Grant to FBT Bancshares, Inc., a certified CDFI, on September 26, 2024. The CDFI Program uses monetary awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization. Through this Project Grant, FBT Bancshares, Inc. will utilize the funding to provide...
This $2,000,000 federal Project Grant award from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012) is intended to promote economic revitalization and community development in Native American communities. The funding will provide financial assistance to a Native Community Development Financial Institution (CDFI), Bay Bancorporation, Inc., to support the delivery of financial products, financial services,...
The federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to invest in and build the capacity of the awardee, American Bancshares, Inc., a CDFI serving Native American communities nationwide. The funding will be used to create jobs, build businesses, and foster economic self-determination in these underserved communities through the delivery of financial services, loans, investments, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Native First Lending, LLC. This award, provided under CFDA 21.020, will be used to invest in and build the capacity of Native First Lending, a Tribally Owned Firm and Community Development Corporation, to enable them to grow, achieve organizational sustainability, and drive community revitalization in Native communities nationwide. The funding will support the...
This $400,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the Native Initiatives program (CFDA 21.012), aims to promote economic revitalization and community development by building the capacity of Native Community Development Financial Institutions (CDFIs) and emerging Native CDFIs. The grant will provide technical assistance funding for eligible activities, including compensation for personal services and fringe...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $717,900 under the Community Development Financial Institutions Program (CFDA 21.020) to Pcnb Corp. on February 28, 2023. The project grant will support Pcnb Corp.'s work through December 31, 2026 to promote economic revitalization and community development in Native communities across the United States. Through this funding, Pcnb Corp. will provide monetary awards and training opportunities to certified...