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 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...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $550,000 Project Grant to CBA Fund, a non-profit CDFI based in Washington, DC. The grant, awarded on September 26, 2024, will enable CBA Fund to deliver financial services, loans, investments, and technical assistance to low-income, Native American, and other underserved communities. The funding will support CBA Fund's efforts to expand lending activities, provide grant-making services,...
Community Bank of the Bay received a $2.4 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to expand lending, grant-making, and investment activities serving low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the bank will use the funding to increase loans, investments, and financial services in underserved areas as...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded $500,000 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to Sustainable Communities Fund, a non-profit organization. The award will support Sustainable Communities Fund's efforts to expand lending, grant making, and investment activities through Dec. 31, 2028 in low- and moderate-income communities disproportionately impacted by...
The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), administered by the Department of the Treasury, awarded CLB The Community Bank $2,478,839 through a Project Grant to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a certified Community Development Financial Institution (CDFI), CLB will utilize the grant funding to increase financing and assistance...
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 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 a $2.478 million Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to CBC Federal Union. The grant will support CBC Federal Union's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028....