Cdfi rapid response program award

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $200,000 Project Grant to the Community Development Fund of Utah through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 to June 30, 2023.

The purpose of this award is to support the ability of Community Development Financial Institutions like the Community Development Fund of Utah to address the economic impacts of the coronavirus pandemic in their local communities. Specifically, the $200,000 in funding will allow the organization to provide financial and other services to local businesses and individuals as they prepare for and respond to the ongoing economic effects of COVID-19. The Community Development Financial Institutions Rapid Response Program was established to help CDFIs mitigate economic hardships through the pandemic response and recovery period.