Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056693G
- Recipient
-
University Of La Federal Credit Union UEI KJNRVHLP52V8
- 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
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.
Quick answers
Who received award 21RRP056693G?
21RRP056693G was awarded to University Of La Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056693G worth?
$1,826,265 has been obligated on 21RRP056693G.
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