Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056648G
- Recipient
-
Resident Ownership Capital, LLC UEI QAWTBB9VJC16
- 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
Resident Ownership Capital, LLC received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 and will support Resident Ownership Capital's ability to provide financial assistance to communities impacted by the economic effects of the COVID-19 pandemic. As a Community Development Financial Institution, Resident Ownership Capital utilizes Department of the Treasury funding to deliver loans, grants, and other financial products and services to help low-income families and distressed communities prepare for, respond to, and recover from public health and economic crises like the ongoing coronavirus pandemic.
Quick answers
Who received award 21RRP056648G?
21RRP056648G was awarded to Resident Ownership Capital, LLC by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056648G worth?
$1,826,265 has been obligated on 21RRP056648G.
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