The Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) awarded Community Investment Corporation $4,957,678 through September 2028 to expand lending, grant making, and investment activities serving low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a Community Development Financial Institution, Community Investment Corporation utilizes Department of the Treasury CDFI ERP funding to provide $5 million in loans,...
The Community Development Financial Institutions Fund (CDFI Fund) awarded Industrial Bank $3.7 million 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 to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19. As a minority-owned, for-profit financial...
The Chicago Community Loan Fund received a $4.7 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand access to capital and financial services in underserved communities disproportionately impacted by COVID-19. Through the award funding, the non-profit community development financial institution will provide $4.7 million in financing and technical assistance to support affordable housing, small...
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 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 Impact Development Fund $3.7 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) from April 2023 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 disproportionately...
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 $1.695 million grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) to Inner City Advisors (ICA.fund), a division of the non-profit Initiative For A Competitive Inner City, Inc. The grant will support ICA.fund's efforts to expand 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 $3,718,258 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to Economic And Community Development Institute, Inc. (ECDI) from April 10, 2023 to June 30, 2028. The CDFI ERP provides grants to Community Development Financial Institutions to expand lending, grantmaking, and investment in low- and moderate-income communities...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $2.478 million Project Grant to Bank3 through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Bank3'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 Bank3 to build organizational...