Cdfi rapid response program award

African Economic Development Solutions received a $540,450 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023. The funding will support African Economic Development Solutions' ability to provide financial and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic. As a Community Development Financial Institution, African Economic Development Solutions is well positioned to prepare for and respond to the needs of its constituents during this difficult time. The Rapid Response Program grant will help the organization continue delivering vital products and services that foster economic recovery and stability for those most affected.