The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Cooperativa Ahorro Y Credito Roosevelt Roads through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award will support the organization's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance services to communities and businesses between June 2021 and June 2023. The CDFI RRP aims to bolster CDFIs' capacity to address needs in underserved areas during times of economic distress. Cooperativa Ahorro Y Credito Roosevelt Roads will utilize the funding to deliver programs and services that prepare for and address challenges arising from the pandemic.
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