Such risk factors include, among others: uncertainty as to the duration, scope and impacts of the COVID-19 pandemic political and economic uncertainty, including the possibility of declines in global economic conditions or the stability of credit and financial markets changes in the monetary and fiscal policies of the U.S. Actual results or performance may differ materially from those suggested, expressed, or implied by the forward-looking statements due to a wide range of factors. These forward-looking statements are based upon our managementвЂ™s current expectations and involve known and unknown risks and uncertainties. Forward-looking statements often include words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions, but the absence of such words or expressions does not mean a statement is not forward-looking. This press release includes 'forward-looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. For more information, please visit us at Д¬autionary Statement Regarding Forward-Looking Information CityFirstBroadway has branches serving the Metropolitan Washington, D.C. The Bank is a CDFI, MDI, Certified B Corp, and a member of the Global Alliance of Banking on Values, entities whose values are aligned with sustainable solutions, healthier families, and more prosperous communities for our collective well-being. The Bank offers a variety of commercial loan products, services, and depository accounts that support investments in affordable housing, small businesses, and nonprofit community facilities located within low-to-moderate income neighborhoods. CityFirstBroadway is a leading provider of financial products and services to economically underserved urban communities. At September 30, 2021, BroadwayвЂ™s stockholdersвЂ™ equity was $143.3 million, or 13.48% of the CompanyвЂ™s assets and the Tier 1 Capital of its bank subsidiary, City First Bank, National Association, was $98 million.Д«roadway Financial Corporation, a bank holding company, and its wholly-owned bank subsidiary, City First Bank, National Association (the 'Bank'), are collectively referred to as CityFirstBroadway.

The investment is subject to completion of satisfactory documentation and is intended to qualify as Tier 1 Capital. The investment in Broadway is expected to take the form of Senior Perpetual Noncumulative Preferred Stock with a dividend rate between 0.5% and 2% per annum that is dependent on BroadwayвЂ™s investment of the proceeds within Target Communities in certain types of loans that are consistent with the types of loans that the Company has historically originated. To read the Treasury Department news release, click here:

Treasury will invest over $8.7 billion into 186 Community Development Financial Institutions and Minority Depository Institutions to provide funding for these institutions to increase access to capital for small and minority-owned businesses and consumers in traditionally underserved markets, such as low-to-moderate income communities. Treasury pursuant to the Emergency Capital Investment Program ('ECIP'). Treasury') has informed Broadway that the Company is eligible to receive an equity investment of $142.5 million from the U.S. LOS ANGELES, December 17, 2021-( BUSINESS WIRE)-Broadway Financial Corporation ('Broadway', 'we' or the 'Company') (NASDAQ Capital Market: BYFC), announced that the United States Department of the Treasury (the 'U.S.

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