The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $216,000 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to The Samson Banking Company, Inc. on September 19, 2024. The grant supports The Samson Banking Company, Inc., a certified CDFI, in increasing its investments and support to other certified CDFIs, as well as expanding its lending, investing, and service-related activities in the most economically distressed communities. The key products and services delivered through this funding include providing financial assistance and technical assistance to CDFIs through equity investments, equity-like loans, grants, stock purchases, deposits, and other forms of support. Additionally, the grant enables The Samson Banking Company, Inc. to increase its levels of loans, investments, service activities, and technical assistance to residents and businesses in the most economically distressed areas. The award has a performance period from September 19, 2024, to December 31, 2025.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $0 | 10/25/24 | ||
| Not listed | $216.0k | 9/19/24 |