Project Grant 241BE066320G
Award Date
9/19/24
Completion Date
12/31/25
Dollars Obligated
$280K
Federal Agency
Community Development Financial Institutions Fund
Awardee
Landmark Bank (YMGNCPM5FXZ5)
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
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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...
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The federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund through the Bank Enterprise Award (BEA) Program (CFDA 21.021), totaling $280,369, supports FBT Bank & Mortgage, a certified CDFI, in increasing its investments and support for community development activities in economically distressed communities. The funding enables the bank to expand its affordable lending, investment, and service offerings, such as...
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