Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056682G
- Recipient
-
First Central Credit Union UEI TNNCN3LBYN34
- 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
First Central Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support First Central Credit Union's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the COVID-19 pandemic in its communities. The CDFI RRP aims to support Community Development Financial Institutions like First Central Credit Union as they prepare for and respond to the pandemic's economic effects. The funding will allow First Central Credit Union to deliver $1.8 million in loans, investments, financial services and other assistance to support businesses and individuals financially impacted by the public health emergency through the end of 2023.
Quick answers
Who received award 21RRP056682G?
21RRP056682G was awarded to First Central Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056682G worth?
$1,826,265 has been obligated on 21RRP056682G.
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