Project Grant 21RRP056307G

Award Date 6/15/21
Completion Date 12/31/23
Dollars Obligated $1.8M
Federal Grant Program
21.024
Assistance Type
Project Grant
Place of Performance
United States

The University Financial Corp, GBC DBA Sunrise Banks was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program, officially titled the CDFI RRP (CFDA #21.024).

The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic by providing $1.8 million in funding to Sunrise Banks through December 2023. As a certified Community Development Financial Institution, Sunrise Banks will use this funding to support, prepare for, and respond to the pandemic's economic effects in the communities it serves.

Generated 1/7/24, 1:52 AM