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...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Impact Loan Fund Inc. $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through June 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of COVID-19 by preparing for and responding to coronavirus. Impact Loan Fund will use the funding to provide loans and...
The Opportunity Finance Network received a $1.8 million Community Development Financial Institutions Rapid Response Program award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the CDFI Rapid Response Program's goal of enabling Community Development Financial Institutions to respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As the awardee, Opportunity Finance Network will...
The Economic Opportunities Fund received a $1.16 million project grant award from the U.S. 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 grant aims to support the ability of Community Development Financial Institutions to respond to the economic impacts of COVID-19 through September 2023. Specifically, the funding will allow the Economic Opportunities Fund...
The Opportunity Resource Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. Through this award, Opportunity Resource Fund will deliver financial and technical...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Rflf 2, LLC $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 by preparing for and responding to related needs. Through this funding,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Inclusive Action For The City $236,000 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' ability to address the economic impacts of the coronavirus pandemic in their communities. Through this funding, Inclusive Action For The City...
The Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) awarded Ariel Economic Development Fund LLC $200,000 under the CFDA 21.024 program to support, prepare for, and respond to the economic impact of the COVID-19 pandemic. Per the award, the grantee may use funding for financial products, financial services, loan loss reserves, development services, and capital reserves (for regulated institutions only). Additionally, up to $30,000...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Investment Corp, doing business as Community Services & Research Corp, through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award will support the organization's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in funding from June 2021...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1,826,265 Project Grant to Community Development And Affordable Housing Fund, LLC through the Community Development Financial Institutions Rapid Response Program. The grant will support the awardee's ability to provide financial and technical assistance to communities and businesses impacted by COVID-19 from June 2021 through December 2023. As part of the CDFI Rapid Response Program, which is...