The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Native First Lending, LLC on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs to serve low-income and underserved populations that lack adequate access to affordable financial products and services. The grant funding...
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 $1,110,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) will enable the awardee, Planters Holding Company, to provide financial products, financial services, development services, loan loss reserves, and capital reserves to underserved and low-income communities, with a particular focus on Native American populations. As a certified CDFI, Planters Holding Company will use the funding to build its...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $800,000 Project Grant to Community Reinvestment Fund, Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funds must be used by the recipient for providing financial products, financial services (for regulated institutions...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $835,000 Project Grant to C B & T Bancshares Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through financial and technical assistance to Community Development Financial Institutions (CDFIs). The grant funds must be used by the recipient for financial products, financial services (for regulated institutions only),...
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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Neighborhood Funding Oklahoma, LLC on November 21, 2024. The grant is intended to promote economic revitalization and community development by providing technical assistance to build the capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Caribbean Integration Community Development, Inc. on November 21, 2024. The grant, funded under CFDA 21.020, aims to promote economic revitalization and community development by providing technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities under the grant include compensation...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $650,000 Project Grant to Clinton Bancshares, Inc. on September 26, 2024. The grant funding is intended to promote economic revitalization and community development by providing financial and technical assistance to the recipient, a certified CDFI organization. The financial assistance must be used for financial products, financial services, development services, loan loss reserves, and...
This Project Grant award of $242,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to promote economic revitalization and community development. The funds will provide technical assistance to build the capacity of certified and emerging CDFIs to serve low-income populations and communities lacking adequate access to affordable financial products and services. The award recipient, Southeast Oklahoma Community...