Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056601G
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 Dreamspring, doing business as Accion Arizona-Co-Nm-Nv-Tx, a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award, issued on June 15, 2021 and set to conclude by December 31, 2023, will support Dreamspring's ability to provide financial and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic. As a Community Development Financial Institution (CDFI), Dreamspring utilizes CDFI RRP funding to prepare for and respond to increased demand for its microloans, training programs, and other services that support small businesses and entrepreneurs in underserved areas.

Quick answers

Who received award 21RRP056601G?

21RRP056601G was awarded to Dreamspring by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056601G worth?

$1,826,265 has been obligated on 21RRP056601G.

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