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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Commercial Bancshares Of Ozark, Inc. 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 to serve low-income and underserved markets across the nation. The funding may be used for eligible activities such as personnel...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to American Bancshares, Inc. on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through 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 supplies....
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Century Bancshares, Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial and technical assistance to Community Development Financial Institutions (CDFIs). The grant funds must be used by Century Bancshares, Inc. for financial products, financial services, development...
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...
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 Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $18,000,000 Capital Magnet Fund (CFDA 21.011) project grant to the Central Bank of Kansas City on October 15, 2024. The grant will be used to attract private financing and increase investment in affordable housing for low-income, very low-income, and extremely low-income individuals and families. Planned activities include providing capital to finance and support the acquisition, development,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Lakeside Bank of Salina on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development by building the organizational capacity of certified and emerging CDFIs to serve low-income populations and communities lacking adequate access to affordable financial products and services. The grant funding will support eligible...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $550,000 Project Grant to FBT Bancshares, Inc., a certified CDFI, 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 grant funds must be used by FBT Bancshares, Inc. for financial products, financial services (for regulated institutions only), development services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $835,000 Project Grant to Basile Bancshares, Inc. on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development by providing financial and technical assistance to the recipient, a Community Development Financial Institution (CDFI). The funding must be used for financial products, financial services, development services, loan loss...