The Arkansas Capital Corporation received a $1,278,385 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support Arkansas Capital Corporation's ability to respond to the economic impacts of COVID-19 through the program completion date of December 31, 2023. As the name implies, the Community Development Financial Institutions Rapid Response Program (CFDA 21.024) aims to support Community Development Financial Institutions like Arkansas Capital Corporation in preparing for and responding to coronavirus economic effects through the provision of financial and technical assistance services. The award will aid Arkansas Capital Corporation's COVID-19 economic support efforts over the next two and a half years.
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