Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056390G
- Recipient
-
Genesis La Economic Growth Corporation UEI GNJDRN6CR215
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- 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 Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Genesis LA Economic Growth Corporation $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in their communities. Genesis LA will utilize this funding to provide $1.8 million in loans, investments, financial services and other assistance to support businesses and communities affected by the pandemic within its service area through the end of 2023.
Quick answers
Who received award 21RRP056390G?
21RRP056390G was awarded to Genesis La Economic Growth Corporation by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056390G worth?
$1,826,265 has been obligated on 21RRP056390G.
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