Project Grant 241FA065717G
Award Date
9/26/24
Completion Date
12/31/27
Dollars Obligated
$1.3M
Federal Agency
Community Development Financial Institutions Fund
Federal Grant Program
21.020
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Security Capital Corporation $701,530 under the Community Development Financial Institutions Program (CFDA 21.020) to promote economic revitalization and community development through December 2024. The Project Grant funding will support financial products, financial services, development services, loan loss reserves, and capital reserves to build Security Capital Corporation's capacity to lend to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $900,000 Project Grant to Security Federal Corporation on September 26, 2024. This grant, which runs through December 31, 2027, is part of the CDFI Fund's efforts to invest in and build the capacity of CDFIs, empowering them to achieve organizational sustainability and drive community revitalization. The funding will enable Security Federal Corporation, a for-profit community development...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Security Federal Corporation. This three-year Project Grant will support the Fund's mission to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, the funding will build the capacity of Security Federal...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Capital Bancorp, Inc. a $482,900 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support Capital Bancorp's efforts to promote economic revitalization and community development through February 2023 to December 2026. As a certified Community Development Financial Institution, Capital Bancorp will use the funding to grow its capacity...
The $1,110,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Grant Bancshares, Inc. on September 26, 2024 supports the organization's capacity to deliver financial products, services, and development assistance to underserved communities, particularly Native American and low-income populations. This funding allows Grant Bancshares, Inc., a certified Community Development Corporation, to expand its...
This $800,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program will enable Neighborworks Capital Corporation, a certified CDFI, to build capacity and drive economic development activities in underserved communities. The CDFI Program focuses on promoting community revitalization and economic self-determination through investments in CDFIs. Under this award, Neighborworks Capital Corporation will leverage the funding to...
This $835,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 26, 2024 is part of the CDFI Program (CFDA 21.020). The funding will support the Southeast Financial Bankstock Corporation, a for-profit Subchapter S Corporation, in delivering financial services, loans, investments, and technical assistance to underserved low-income, Native American, and economically disadvantaged communities. The award aims to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $13,000,000 Capital Magnet Fund (CFDA 21.011) project grant to Security Bancshares, Inc. on October 15, 2024. The grant is intended to attract financing for and increase investment in affordable housing for primarily low-income, very low-income, and extremely low-income individuals and families, as well as support certain related economic and community development activities. The planned...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $725,000 Project Grant to Institute Capital, Inc. on September 26, 2024. This grant, provided under the CFDA 21.020 CDFI Program, will support Institute Capital, Inc. in delivering financial services, loans, investments, and technical assistance to underserved communities, primarily low-income, Native American, and economically disadvantaged populations. The goal of this funding is to...
This federal Project Grant award of $800,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to Community Housing Capital, Inc., a non-profit CDFI based in Decatur, Georgia. The funding will enable Community Housing Capital to deliver financial services, loans, investments, and technical assistance to underserved communities, with a particular focus on expanding affordable housing and supporting economic...