Project Grant 241BE066502G

Award Date 9/19/24
Completion Date 12/31/25
Dollars Obligated $280K
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
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The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports Golden Bank National Association, a minority-owned, for-profit financial institution, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related...
The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified CDFIs, or expanded lending, investing, and service activities in economically distressed communities. Through this...
The federal Project Grant award of $180,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the Bank Enterprise Award (BEA) Program (CFDA 21.021), provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service activities in economically distressed communities. The award to...
The federal Project Grant award of $259,812 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
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The federal Project Grant award, provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021), delivers $262,106 to the Community Bank of Mississippi. The award supports the bank's increased investments and lending, investing, and service-related activities in the most economically distressed communities. Specifically, the funding incentivizes the bank to expand its support of certified...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Texas National Bank 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 to certified Community Development Financial Institutions (CDFIs), or expanded lending, investing, and service activities in...
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The federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to incentivize FDIC-insured depository institutions to increase their investments in certified Community Development Financial Institutions (CDFIs) and expand lending, investing, and service activities in economically distressed communities.

The award to Lone Star National Bank, a minority-owned for-profit organization, is intended to support the bank's demonstrated increased investments and support to certified CDFIs, as well as its expanded lending, investing, and service-related activities in the most economically distressed communities. The award has a period of performance from September 19, 2024, to December 31, 2025.

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