Project Grant 22ERP061031G

Award Date 4/10/23
Completion Date 12/31/28
Dollars Obligated $5M
Federal Grant Program
21.033
Assistance Type
Project Grant
Place of Performance
United States

The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded Security Bancshares, 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 the awardee'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 awardee to build organizational capacity and acquire technology, staff, and other tools to accomplish grant objectives. The award period is from April 10, 2023 through December 31, 2028.

Generated 2/6/24, 5:31 AM