Congratulations to the 10 Sones & White Consulting clients receiving awards in this year’s Community Development Financial Institutions (CDFI) Program funding round. SWC clients were awarded nearly $7 million in Financial Assistance (FA) and Technical Assistance (TA) Awards in this round. This marks the second year in a row that our CDFI banks and bank holding companies have had a 100% FA and TA Application success rate.
The CDFI Program is an annual grant program available only to certified CDFIs. FA awards can be used for increasing the volume of financial products and services, creating a new product or service, or entering a new geographic area. TA awards can be used for capacity building purposes. Please contact us if you would like Sones & White Consulting to perform a CDFI Certification Assessment for your bank.