The Reinvestment Fund, Inc. received a $1.8 million 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 2021 through December 2023 to support the ability of Community Development Financial Institutions to address the economic impacts of the coronavirus pandemic. Through this funding, The Reinvestment Fund will provide loans, grants, technical assistance and other financial products to businesses and communities harmed by the pandemic in the United States. The Community Development Financial Institutions Rapid Response Program aims to strengthen the capacity of CDFIs to respond to the economic challenges faced by low-income communities during public health crises.
Generated 1/6/24, 10:59 AM