Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056731G
Recipient
Awarding agency
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 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.

Quick answers

Who received award 21RRP056731G?

21RRP056731G was awarded to Cooperativa Ahorro Y Credito Roosevelt Roads by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056731G worth?

$1,826,265 has been obligated on 21RRP056731G.

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