The National Association City First Bank received a $3.7 million project grant award under the Community Development Financial Institutions Fund Equitable Recovery Program from the Department of the Treasury on April 10, 2023. The grant funding will support City First Bank's efforts to expand lending, grantmaking, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 31, 2028. As a Community Development Financial...
The City First Enterprises Inc. was awarded a $1,826,265 project grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 and will support City First Enterprises' ability to respond to the economic impacts of the coronavirus pandemic on its communities. As part of the CDFI Rapid Response Program, City First...
The City First Enterprises Inc. was awarded a $660,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The three-year award will support City First's efforts to promote economic revitalization and community development in Native communities through 2026. As a certified Community Development Financial Institution, City First utilizes monetary awards and training to build...
City First Enterprises Inc. was awarded a $625,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Program. The grant aims to promote economic revitalization and community development through financial assistance to certified Community Development Financial Institutions for products, services, development services, loan loss reserves, and capital reserves targeted towards low-income...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to the National Association City First Bank under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 2021 through March 2023. Under this award, City First Bank will use the funding to support, prepare for, and respond to the economic impact of the coronavirus pandemic in its service areas as part of the CDFI Rapid Response...
City First Homes Inc. received a $477,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The award period is from June 15, 2021 through December 31, 2023 to support the ability of City First Homes, a certified Community Development Financial Institution, to respond to the economic impact of the coronavirus pandemic. Through this...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded City Federal Credit Union a $3.718 million project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support City Federal Credit 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...
The First Bank received a $6.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant aims to expand The First Bank's capital access and financial services for underserved borrowers and communities through December 2028. As a designated Community...
This $280,369 Project Grant was awarded on September 19, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding is provided to the National Association City First Bank, a certified CDFI institution, to increase its investments and support for other CDFIs and to expand its community development financing and service activities in the most economically distressed communities....
This $970,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Community First Fund's work to promote economic revitalization and community development. As part of the Community Development Financial Institutions Program, the funding will allow Community First Fund to provide $970K in financial products, services, development assistance and reserves to low-income communities and individuals across the United States who...