Project Grant 22ERP061645G

Award Date 4/10/23
Completion Date 3/31/29
Dollars Obligated $2.5M
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 a $2,478,839 Project Grant to Carver Federal Savings Bank under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Carver Federal Savings Bank's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable the organization to build capacity and acquire technology, staff, and other resources to accomplish grant objectives. The award period is from April 10, 2023 through March 31, 2029.

Generated 2/6/24, 8:33 AM