Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056572G
Recipient
Awarding agency
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 Merchants and Planters Bank $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 the United States. Under this award, Merchants and Planters Bank will likely provide lending and other financial services to communities and populations impacted by the pandemic, as CDFIs work to prepare for and respond to coronavirus-related economic challenges through the CDFI RRP.

Quick answers

Who received award 21RRP056572G?

21RRP056572G was awarded to Merchants And Planters Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056572G worth?

$1,826,265 has been obligated on 21RRP056572G.

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