American Bancorp, Inc.

Purpose: to Promote Economic Revitalization and Community Development Through Technical Assistance Awards to Build the Capacity of Community Development Financial Institutions (CDFIS) and Emerging Cdfis. Activities to Be Performed: Technical Assistance Must Be Used for the Following Eligible Activities Subject to the Applicable Provisions of the Uniform Requirements: Compensation – Personal Services, Compensation – Fringe Benefits, Professional Service Costs, Travel Costs, Training and Education Costs, Equipment, Supplies, and Incorporation Costs (sponsoring Entities Only). End Goals: the Goal of the Technical Assistance Is to Build Certified and Emerging Cdfi’s Organizational Capacity to Serve Eligible Markets And/or Their Target Markets, in Order to Serve Low-income People, and Communities Across the Nation That Lack Adequate Access to Affordable Financial Products and Financial Services. Beneficiaries: Profit Organization, Private Nonprofit Institution/organization, Other Private Institution/organization. Investment Areas and Targeted Populations, as Defined in 12 C.F.R. 1805. Subrecipients: There Are No Subrecipients for This Program. Broadband: Not Applicable. Reason for Modification: Not Applicable.