Peoples Bank received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The funding will support Peoples Bank's lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant provides $6.2 million for lending...
Peoples Bank received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support Peoples Bank's ability to respond to the economic impacts of the coronavirus through February 10, 2023. As a Community Development Financial Institution, Peoples Bank will use the grant funding from the Treasury Department's CDFI RRP program to provide $1.8 million in...
The Peoples Bank was awarded a $1.8 million grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus through March 27, 2023. As part of the CDFI RRP, The Peoples Bank will use the funding to provide financial and technical assistance to underserved communities and populations...
Peoples Advantage Federal Credit Union received a $6.2 million project grant through the Department of the Treasury's Community Development Financial Institutions Fund (CDFI) Equitable Recovery Program (CFDA #21.033) to provide lending, investments, and financial services through December 2028. The CDFI ERP aims to support community development and economic recovery in low- and moderate-income communities disproportionately impacted by COVID-19 by expanding access to capital and financial...
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...
Partners Bank was awarded a $6,197,097 project grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grantmaking, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, Partners Bank will use the funding to provide $6.2 million in loans, grants, and investments to support community development financial institutions and...
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 Citizens Bank was awarded a $6,197,097 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities through December 31, 2028. The CDFI ERP aims to support Community Development Financial Institutions in responding to the economic impacts of the COVID-19 pandemic by providing assistance to low- and moderate-income communities disproportionately affected by the...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $1,735,187 Project Grant to Citizens Bank & Trust Company under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Citizens Bank in expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable...
Peoplefund, a non-profit community development corporation, was awarded a $2,478,839 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Peoplefund's lending, grant making, and investment activities in low- and moderate-income communities in Texas disproportionately impacted by the COVID-19 pandemic through December 2028. Specifically, funding will expand Peoplefund's...