The RVA Financial Federal Credit Union received a $1.8 million project grant award from the Department of the Treasury 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 the credit union's ability to respond to the economic impacts of the coronavirus pandemic on its members and communities. As a Community Development Financial Institution, RVA Financial will use the grant funding to provide lending and other financial services that prepare for and address the effects of the COVID-19 public health emergency. The Community Development Financial Institutions Rapid Response Program aims to support CDFIs as they assist underserved communities during times of economic distress.
Generated 1/6/24, 7:33 PM