The Department of the Treasury's Community Development Financial Institutions Fund awarded Renaissance Community Loan Fund Inc. $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through December 2023. The funding will support Renaissance Community Loan Fund Inc.'s ability to provide financial products and services to communities in response to the economic impacts of the coronavirus pandemic, as the CDFI RRP aims to bolster Community Development Financial Institutions' pandemic preparedness and response efforts. Specifically, the award will enable Renaissance Community Loan Fund Inc. to support and prepare local communities for coronavirus-related economic challenges through the established community development programs the organization operates as a CDFI.
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