Project Grant 241BE066314G
Award Date
9/19/24
Completion Date
12/31/25
Dollars Obligated
$280K
Federal Agency
Community Development Financial Institutions Fund
Federal Grant Program
21.021
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 $163,012 Bank Enterprise Award (BEA) Program grant to Southern Bancorp Bank, a for-profit CDFI, on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified CDFIs, with the goal of incentivizing expanded community development financing and service activities in economically distressed...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Project Grant to Community Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports increased investments and community development financing activities by the bank in economically distressed communities. Specifically, the funding enables Community Bank to expand lending, provide technical assistance, support affordable housing financing, and offer...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $119,847 Project Grant to South Georgia Banking Company under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The BEA Program provides monetary awards to FDIC-insured depository institutions, such as banks and thrifts, that demonstrate increased investments and support for certified CDFIs. Through this grant, South Georgia Banking Company, a for-profit CDFI, will use the funding to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to The Cleveland State Bank, a for-profit CDFI located in Cleveland, Mississippi. The grant funding is intended to support the bank's increased investments and community development financing and service activities in economically distressed communities. Specifically, the bank has utilized federal grant...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program to Southern Heritage Bank, a for-profit Subchapter S Corporation certified as a CDFI. The grant supports Southern Heritage Bank's efforts to increase investments and support for certified CDFIs, as well as expand the bank's community development financing and service activities in economically distressed communities....
The Federal Grant Award of $280,369 was provided to Citizens Bank, a for-profit Subchapter S Corporation headquartered in Columbia, Mississippi, under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding enables Citizens Bank, an FDIC-insured depository institution, to increase its investments and support for certified Community Development Financial Institutions (CDFIs), as well as...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $279,634 Project Grant to Citizens Bank & Trust Company, doing business as Citizens Bank, on September 19, 2024. The grant was provided through the Bank Enterprise Award (BEA) Program (CFDA 21.021), which incentivizes FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as expand community development financing and service...
The federal Project Grant award in the amount of $280,369 was provided by 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 aims to incentivize FDIC-insured depository institutions, such as First Community Bank NA, to increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically...
This $1,285,000 Project Grant was awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Southern Bancorp, Inc., a for-profit community development financial institution (CDFI) headquartered in Arkadelphia, Arkansas. The grant funding is being used to drive economic revitalization and promote community development in underserved rural communities across Arkansas and Mississippi by expanding Southern...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $241,219 Project Grant to First Bank on September 19, 2024 through the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding enables First Bank, a certified CDFI, to increase its investments and support for other CDFIs, and expand its community development financing and service activities in the most economically distressed communities. Specifically, the grant will allow...