Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056335G
Recipient
Awarding agency
Obligated
$1,826,265

Award facts

Assistance listing
21.024 Community Development Financial Institutions Rapid Response Program (CDFI RRP)
Completion date
Place of performance
United States

Award details come from USAspending.gov.

About this award

The Metropolitan Economic Development Association (Meda) 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 (CDFI RRP, CFDA 21.024) to support Meda's ability to respond to the economic impact of the coronavirus.

The CDFI RRP grant will allow Meda to provide $1.8 million in services through December 2023 to support and prepare communities for the economic effects of the COVID-19 pandemic. As a Community Development Financial Institution, Meda will use the funding to respond to increased needs in its service area and ensure communities have access to capital and financial services during the ongoing public health crisis.

Quick answers

Who received award 21RRP056335G?

21RRP056335G was awarded to Metropolitan Economic Development Association by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056335G worth?

$1,826,265 has been obligated on 21RRP056335G.

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