The National Community Investment Fund (N CIF) was awarded a $1.826 million Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024).
The two-year grant, awarded June 15, 2021, will support N CIF's ability to respond to the economic impacts of the coronavirus pandemic by providing loans and other financial assistance to community development financial institutions (CDFIs) and other mission-driven lenders. The CDFI RRP aims to bolster the capacity of CDFIs to serve their communities during an economic crisis. N CIF will leverage the federal funding to deliver products and services that help CDFIs address urgent community needs through this period of economic disruption.
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