Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056742G
- Recipient
-
Bank Of Lake Village UEI V2J6JM1LBJJ3
- 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 Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of Lake Village $1.826 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The funding supports Bank of Lake Village in providing financial assistance and economic relief to communities impacted by the coronavirus pandemic through December 31, 2023. Specifically, the CDFI RRP award enables the bank to prepare for and respond to increased credit needs while stabilizing its lending operations during economic downturn caused by the public health emergency. The award also helps Bank of Lake Village continue fulfilling its mission of promoting economic growth in underserved areas through this period of coronavirus-related economic disruption.
Quick answers
Who received award 21RRP056742G?
21RRP056742G was awarded to Bank Of Lake Village by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056742G worth?
$1,826,265 has been obligated on 21RRP056742G.
On GovTribe
See this award's full record
- Every transaction and subaward
- The recipient's other awards and teaming partners
- Similar grant awards
- Ask GovTribe AI about this award