The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA 21.021) to United Community Bank on September 19, 2024. This Project Grant supports United Community Bank's efforts to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the most economically distressed communities. Specifically, the funding will enable United Community Bank to provide expanded community development lending, equity investments, deposits, grants, and technical assistance to CDFIs, as well as loans, investments, services, and technical assistance to residents and businesses in low- and moderate-income communities disproportionately impacted by economic crises.
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