The federal Project Grant award of $900,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the award is to promote economic revitalization and community development by providing financial and technical assistance to the awardee, First National Bancorp, Inc., a for-profit Subchapter S Corporation. The funding must be used by the CDFI for financial products, financial services...
This Project Grant award of $835,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award recipient, Southeast Financial Bankstock Corporation, will use the funds to provide financial products,...
This Project Grant award of $1,110,000 was provided on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding is intended to promote economic revitalization and community development by providing financial assistance to the awardee, Grant Bancshares, Inc., a for-profit community development corporation. The financial assistance must be used by Grant Bancshares, Inc. for financial...
The federal Project Grant award of $725,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The award will enable the recipient, Institute Capital, Inc., a non-profit organization, to build its...
The federal Project Grant award of $1,035,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Big Coal River Bancorp, Inc. on September 26, 2024. The purpose of the award is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding must be used by the awardee for financial products, financial...
The $800,000 Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development. The grant funds will be used by the recipient, Priority Trust Credit Union, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved low-income populations and communities that...
This Project Grant award, totaling $1,467,000.00, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the Community Development Venture Capital Alliance (CDVCA), a non-profit organization, on September 26, 2024. The purpose of the award is to promote economic revitalization and community development by providing financial and technical assistance to Community Development Financial Institutions (CDFIs) that serve...
This Project Grant award of $450,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) on September 26, 2024. The purpose of the grant is to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding must be used by the recipient, First Missouri State Bank, for financial products, financial services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,110,000 Project Grant to Communities Unlimited Inc., a non-profit economic development organization, on September 26, 2024. The grant funding is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The planned activities under this award include providing CDFIs with...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding will be used by the non-profit awardee, Homeworks Community Lending, LLC, to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities include...