CDBA Members Win CDFI Program Awards

Tuesday, August 26, 2014

The CDFI Fund awarded 185 organizations more than $195.4 million in the FY 2014 round of the CDFI and NACA Programs. The award announcement included more than $160.8 million in Financial Assistance and Technical Assistance awards to 152 organizations through the CDFI Program, and more than $12.2 million to 33 organizations through the NACA Program. Twelve awardees received $22.4 million in Healthy Food Financing Initiative awards. Eight CDBA members were among the awardees, including BankPlus ($1,750,000), Beneficial State Bank ($1,500,000), Carver State Bank ($306,000), Central Bank of Kansas City ($1,088,666), City First Bank of D.C. ($1,700,000), Community Capital of Va. ($2,000,000), Guarantee Bank & Trust ($1,100,000) and CheckSpring Community Corporation (holding company of Spring Bank, $700,000)