The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Southern Bancorp, Inc. a $4,957,678 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Southern Bancorp's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable the...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to Southern Bancorp Capital Partners, doing business as Southern Bancorp Community Partners. The CDFI ERP provides grants to Community Development Financial Institutions to expand lending, grant making, and investment activities in low- and moderate-income communities...
The Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded First Bank $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) on April 10, 2023. The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through...
Southern Independent Bank was awarded a $3.7 million grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19. The April 2023 grant enables the bank to increase financing to underserved borrowers and communities through 2028, in keeping with the CDFI ERP's goals of responding to pandemic...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $2,478,839 Project Grant to Community Bank under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Community Bank's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also enable Community Bank to...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $4,957,678 Project Grant to First Southwest Bancorporation Inc. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support the awardee's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Commercial Bank & Trust Company $2,478,839 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) on April 10, 2023. The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of Brookhaven $3.72 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to support pandemic recovery efforts through December 2028. The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant making, and investment activities in low- and moderate-income communities...
The Community Development Financial Institutions Fund (CDFI) awarded Sustainable Neighborhoods LLC a $1.735 million grant under the Equitable Recovery Program (ERP) to provide financial services and assistance to underserved communities through December 2028. The CDFI ERP aims to support Community Development Financial Institutions responding to economic impacts of the COVID-19 pandemic by expanding lending, grant making, and investment activity in low- and moderate-income communities...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded United Mississippi Bank $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The CDFI ERP aims to support Community Development Financial Institutions (CDFIs) in responding to...