Project Grant 241BE066349G

Award Date 9/19/24
Completion Date 12/31/25
Dollars Obligated $280K
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
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The key objectives of the award are to increase Southern Heritage Bank's investments and support for certified CDFIs, as well as expand the bank's lending, investing, and service-related activities in the most economically distressed communities. Planned activities include providing technical assistance, affordable housing financing, small business support, and developing tailored financial products for low- and moderate-income populations in underserved areas. The award period runs from September 19, 2024, through December 31, 2025.

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