The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $238,550 Project Grant to Commercial Bank Of Ozark on September 19, 2024 through the Bank Enterprise Award (BEA) Program (CFDA# 21.021). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified Community Development Financial Institutions (CDFIs). The funding is intended to complement community development activities by incentivizing financial institutions to expand lending, investments, and services in economically distressed communities. Eligible activities include increased technical assistance, affordable housing financing, small business support, and tailored financial products for low- and moderate-income populations in underserved areas.
Generated 3/4/25, 8:22 AM