Project Grant 22ERP061774G
Award Date
4/10/23
Completion Date
12/31/28
Dollars Obligated
$6.2M
Federal Agency
Community Development Financial Institutions Fund
Awardee
BOM Bank (D3LVDG9T1FD1)
Federal Grant Program
21.033
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $195,776 Project Grant to BOM Bank, a CDFI-certified financial institution, under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant is intended to support BOM Bank's efforts to increase investments and expand community development financing and service activities in economically distressed communities, with a focus on serving minority and unbanked populations. The funding will...
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 Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded First Bank $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) 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 COVID-19 pandemic through...
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...
BOM 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 BOM Bank's ability to respond to the economic impacts of the coronavirus pandemic by providing loans, investments, financial services and other financial products to underserved communities and populations through December 31, 2023. The CDFI RRP aims to support Community...
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 Community Development Financial Institutions Fund (CDFI Fund) awarded a $4.3 million Project Grant to Bank of Commerce & Trust Co. under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support the expansion of lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, funding will enable Bank...
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 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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bankfirst Financial Services $6.197 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The grant will support Bankfirst's delivery of expanded lending, grant making, and investment activities in low- and moderate-income communities through December 31, 2028. Specifically, the funding will enable Bankfirst...