Community Development Financial Institutions Program in Arkansas
Community Development Financial Institutions Program (21.020) awarded $17.9 million to recipients in Arkansas in 31 grants from fiscal 2021 to 2025, 2.2% of the program's national total. FNBC Bancorp Inc received the most, $1.9 million.
- Awarded in Arkansas$17.9 million
- Awards31
- Share of the program2.2%
- Rank among states15th of 50
- National total$807 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $250,000 |
| FY 2022 | 10 | $3.7 million |
| FY 2023 | 5 | $3.1 million |
| FY 2024 | 10 | $9.8 million |
| FY 2025 | 4 | $1.1 million |
Recipients in Arkansas
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| FNBC Bancorp Inc | Businesses | 2 | $1.9 million |
| Cotton Belt Federal Credit Union | Nonprofits | 2 | $1.8 million |
| Communities Unlimited Inc | Nonprofits | 2 | $1.8 million |
| Southeast Arkansas Bank Corporation | Businesses | 3 | $1.7 million |
| Southern Bancorp, Inc | Businesses | 1 | $1.3 million |
| First National Financial Corporation | Businesses | 2 | $1.2 million |
| Carlson Bancshares, Inc. | Businesses | 1 | $1.1 million |
| Farmers Bancorp Inc. | Businesses | 1 | $1.1 million |
| FBT Bancshares, Inc. | Businesses | 2 | $1.0 million |
| First National Bancorp, Inc. | Businesses | 1 | $900,000 |
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 Arkansas?
$17.9 million from fiscal 2021 to 2025, across 31 awards. Arkansas ranks 15th of 50 states and territories for this program.
Who receives Community Development Financial Institutions Program money in Arkansas?
The largest recipient is FNBC Bancorp Inc, with $1.9 million in 2 awards. Next are Cotton Belt Federal Credit Union and Communities Unlimited Inc.
Can organizations in Arkansas 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 Arkansas
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- National School Lunch Program
- Children's Health Insurance Program
- Broadband Equity, Access, and Deployment Program
- Child Care and Development Block Grant
- Title I Grants to Local Educational Agencies
- Special Education Grants to States
- Head Start