The University of La Federal 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) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions like the University of La Federal Credit Union to address the needs of local communities and businesses affected by COVID-19 through the award period ending December 31, 2023. Specifically, the funding will allow the credit union to provide $1.8 million in loans, investments, financial services and other assistance to support organizations and individuals responding to the pandemic's economic challenges in the United States.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.8m | 6/15/21 |