Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) in Alabama
Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) (21.033) awarded $36.1 million to recipients in Alabama in 12 grants from fiscal 2021 to 2025, 2.1% of the program's national total. Bank of Vernon received the most, $6.2 million.
- Awarded in Alabama$36.1 million
- Awards12
- Share of the program2.1%
- Rank among states12th of 47
- National total$1.7 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | No awards | |
| FY 2022 | No awards | |
| FY 2023 | 12 | $36.1 million |
| FY 2024 | No awards | |
| FY 2025 | No awards | |
Recipients in Alabama
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| Bank of Vernon | Businesses | 1 | $6.2 million |
| Citizens Bank & Trust | Businesses | 1 | $5.0 million |
| United Bank | Businesses | 1 | $5.0 million |
| First National Bank and Trust | Businesses | 1 | $3.7 million |
| River Bank & Trust | Businesses | 1 | $3.7 million |
| Southern Independent Bank | Businesses | 1 | $3.7 million |
| Friend Bank | Businesses | 1 | $2.5 million |
| Merchants & Farmers Bank of Greene County | Businesses | 1 | $2.5 million |
| Commonwealth National Bank | Businesses | 1 | $1.6 million |
| The Samson Banking Company, Inc. | Businesses | 1 | $1.2 million |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) money goes to Alabama?
$36.1 million from fiscal 2021 to 2025, across 12 awards. Alabama ranks 12th of 47 states and territories for this program.
Who receives Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) money in Alabama?
The largest recipient is Bank of Vernon, with $6.2 million in 1 award. Next are Citizens Bank & Trust and United Bank.
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 Fund Equitable Recovery Program (CDFI ERP) 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