Community Development Financial Institutions Program in Alabama
Community Development Financial Institutions Program (21.020) awarded $15.6 million to recipients in Alabama in 32 grants from fiscal 2021 to 2025, 1.9% of the program's national total. United Bancorporation of Alabama, Inc. received the most, $2.7 million.
- Awarded in Alabama$15.6 million
- Awards32
- Share of the program1.9%
- Rank among states17th of 50
- National total$807 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 5 | $625,000 |
| FY 2022 | 8 | $3.1 million |
| FY 2023 | 6 | $3.5 million |
| FY 2024 | 7 | $6.7 million |
| FY 2025 | 6 | $1.8 million |
Recipients in Alabama
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| United Bancorporation of Alabama, Inc. | Businesses | 3 | $2.7 million |
| First Vernon Bancshares, Inc. | Businesses | 3 | $2.2 million |
| First Suncoast Trust Bancshares, Inc. | Businesses | 3 | $2.0 million |
| River Financial Corporation | Businesses | 2 | $1.8 million |
| Southern Independent Bancshares, Inc. | Businesses | 2 | $1.3 million |
| Greensboro Bancshares, Inc. | Businesses | 1 | $1.0 million |
| SNB Holdings, Inc. | Businesses | 3 | $850,000 |
| Demopolis Federal Credit Union | Nonprofits | 3 | $600,000 |
| Federation of Greene County Employees Federal Credit Union | Nonprofits | 3 | $550,000 |
| Birmingham City Credit Union | Nonprofits | 1 | $550,000 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Community Development Financial Institutions Program money goes to Alabama?
$15.6 million from fiscal 2021 to 2025, across 32 awards. Alabama ranks 17th of 50 states and territories for this program.
Who receives Community Development Financial Institutions Program money in Alabama?
The largest recipient is United Bancorporation of Alabama, Inc., with $2.7 million in 3 awards. Next are First Vernon Bancshares, Inc. and First Suncoast Trust Bancshares, Inc..
Can organizations in Alabama apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Community Development Financial Institutions Program in other states
Other large programs in Alabama
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- National School Lunch Program
- Children's Health Insurance Program
- Child Care and Development Block Grant
- Title I Grants to Local Educational Agencies
- Broadband Equity, Access, and Deployment Program
- Special Education Grants to States
- Head Start