U.S. Treasury Department Awards $125 Million to Georgia-Based Financial Institutions

The U.S. Department of the Treasury has awarded more than $125 million to Georgia-based institutions under programs that support community financial institutions to help small and minority-owned businesses.

The 2021 Consolidated Appropriations Act established the Emergency Capital Investment Program. Under the program, the feds allocated $9 billion to Community Development Financial Institutions and Minority Depository Institutions.

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