Cdfi rapid response program award

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.29 million Project Grant to Hill District Federal Credit Union through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Hill District Federal Credit Union's ability to respond to the economic impacts of the coronavirus pandemic from June 2021 through December 2023. As a Community Development Financial Institution, Hill District Federal Credit Union will use the funding to provide financial products and services that prepare for and support its customers and community in dealing with the economic effects of the COVID-19 public health emergency. The CDFI RRP aims to bolster the capacity of certified CDFIs to address credit and capital needs in low-income and other disadvantaged communities disproportionately impacted by the pandemic.