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FBA Bancorp, Inc.
Chicago ILCDFI Awards for FBA Bancorp, Inc.
CORE (2001) - $700,000
FBA will use the CDFI Fund"s $100,000 grant and $600,000 equity to expand financial service provision and education in other distressed communities in Chicago, most notably working in partnership with Fannie Mae Foundation, Chicago Department of Housing and housing non-profits to combat predatory lending practices in Chicago"s Gage Park and Chicago Lawn neighborhoods.
CORE (1998) - $1,100,000
The equity investment will be used to allow FBA to purchase two existing branches from an established lender in the area who intends to close them. Thus, FBA will ensure that low-income residents of the target neighborhoods have access to basic financial services.
Other Community Development Financial Institutions in Illinois
ACCION Chicago
Chicago
Bethel New Life, Inc
Chicago
Chicago Community Ventures
Chicago
Chicago Development Fund
Chicago
Community Revitalization Fund, Inc.
Hoffman Estates
IBC Bancorp, Inc.
Stone Park
IBC Community Development Corporation
Stone Park
Illinois Ventures for Community Action
Springfield
NAB Bank
Chicago
Peoples Economic Development Corporation
Mount Vernon
PGB Holdings, Inc
Chicago, IL
Sable Bancshares, Inc.
Chicago
The Valued Advisor Fund, LLC
Chicago
Urban Development Fund, LLC
Chicago
Urban Enterprise Fund
Chicago
Featured Government Grant Resources
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
