The Bank of St. Francisville received a $280,369 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's efforts to increase its investments and support for certified CDFIs, as well as to expand its community development financing and service activities in the most economically distressed communities it serves. Specifically, the funds will enable the bank to provide increased technical assistance, affordable housing financing, small business support, and tailored financial products for low- and moderate-income populations in underserved areas. This federal grant award, which has a project period from September 19, 2024, to December 31, 2025, builds on the bank's previous BEA Program awards totaling over $2.4 million from 2019-2023 to further its community development mission.
Generated 3/4/25, 6:11 AM