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 $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 $835,000 Project Grant to Southeast Arkansas Bank Corporation on September 26, 2024. The grant will be used to build the financial capacity of the CDFI to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities across the nation that lack adequate access to affordable banking resources. The...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Ocala Metro Catalyst Fund, Inc. 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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to the Community Development Finance Alliance 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 Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities under this grant include compensation for personnel services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to CSC Lending, a non-profit organization, 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, fringe benefits, professional services, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $725,000 Project Grant to Central Bancshares of Kansas City, 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 Community Development Financial Institutions (CDFIs). The funding will be used by Central Bancshares, a CDFI, to build its financial capacity to provide...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Urban Beginnings Choice Federal Credit Union 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 people and communities that lack adequate access to affordable financial products and services. The...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Cooperative Loan Fund LLC 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 planned activities for this grant include compensation for personal services and fringe benefits, professional service costs, travel,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Uark Federal Credit Union 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 Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will be used to support eligible activities such as personnel compensation,...