Project Grant 241BE066406G
Award Date
9/19/24
Completion Date
12/31/25
Dollars Obligated
$278K
Federal Agency
Community Development Financial Institutions Fund
Awardee
The Peoples Bank (ENVCRSLEHK39)
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
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This $280,369 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program is intended to support Peoples Bank, a CDFI-certified Subchapter S Corporation located in Mendenhall, Mississippi. The award will fund the bank's activities to increase its investments and support for certified CDFIs, as well as expand its lending, investing, and service-related activities in the most economically...
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