Finanta Awarded $1.9 Million from the US Treasury
Lancaster, PA (September 21, 2017) – Earlier this week, Finanta, a nonprofit Community Development Financial Institution (CDFI), was awarded two grants from the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) totaling $1.9 million. Finanta received one of the largest grants in the nation.
The CDFI Fund awards are intended to help spur job creation and economic growth in communities across the country. Finanta was one of 303 organizations selected nationwide from a highly competitive grant application process, and one of only 8 recipient organizations in Pennsylvania. This is the sixteenth time the Lancaster-based economic development organization received an award from the CDFI Fund.
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