Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056599G
- Recipient
-
Marine Federal Credit Union UEI LCCLMQ7B2LS8
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- 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
Marine Federal Credit Union was awarded a $1.8 million project grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant provides funding from June 2021 through December 2023 to support Marine Federal Credit Union's ability to respond to the economic impacts of the coronavirus pandemic in its service areas. As a Community Development Financial Institution, Marine Federal Credit Union will use this funding to deliver financial products and services that prepare for and address the effects of the pandemic, such as by supporting small businesses and communities facing economic hardship due to COVID-19.
Quick answers
Who received award 21RRP056599G?
21RRP056599G was awarded to Marine Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056599G worth?
$1,826,265 has been obligated on 21RRP056599G.
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