City First Bank Awarded $75 Million New Markets Tax Credit Allocation by CDFI Fund [Yahoo! Finance]
Broadway Financial Corporation (BYFC)
US:NASDAQ Investor Relations:
broadwayfederalbank.com/investor-relations
Company Research
Source: Yahoo! Finance
Institutions Fund (CDFI Fund) to receive a $75 million New Markets Tax Credit (NMTC) allocation. This significant award empowers City First Bank to continue driving economic growth and creating opportunities in underinvested communities nationwide. Broadway Financial Corporation (PRNewsfoto/Broadway Financial Corporation) Since the inception of the NMTC program, City First Bank has successfully deployed $548 million in NMTC allocations, fueling 54 transformative projects that strengthen communities and create pathways to prosperity. Our strategy remains focused on expanding access to education and healthcare in underinvested areas across the country, addressing critical pillars for long-term economic mobility. "This NMTC allocation is catalytic for the communities we serve," said Brian Argrett, President and CEO of City First Bank. "It enables us to partner with mission-driven organizations and deliver resources that create a lasting impact in communities where investment is nee
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Sec Filings
- 2/26/26 - Form 8-K
- 2/18/26 - Form 8-K
- 2/13/26 - Form 10-Q
- BYFC's page on the SEC website