Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056383G
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

Ascendus, Inc., doing business as Accion USA, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024).

The June 2021 award will support Accion USA's ability to provide financial products and services through December 2023 to respond to the economic impacts of the coronavirus pandemic. The CDFI RRP aims to bolster Community Development Financial Institutions' capacity to serve their communities during an economic crisis. Accion USA will utilize the funding to support small businesses and individuals through the continued coronavirus pandemic and subsequent recovery.

Quick answers

Who received award 21RRP056383G?

21RRP056383G was awarded to Ascendus, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056383G worth?

$1,826,265 has been obligated on 21RRP056383G.

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