The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Legacy Bank & Trust Company under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's efforts to increase its investments and support for certified CDFIs, as well as expand its community development financing and service activities within economically distressed communities. As a certified CDFI, Legacy Bank & Trust Company specializes in providing financial services and support to low-income and underserved populations, with a focus on responsible lending and community revitalization. The grant enables the bank to finance affordable housing development and preservation, support commercial development, and deliver tailored financial products and services to extremely low-, very low-, and low-income individuals and communities across the United States. The award period runs 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 | $280.4k | 9/19/24 |