Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056748G
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

Caldwell Bank & Trust Co received a $1,826,265 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support Caldwell Bank & Trust's ability to respond to the economic impacts of the coronavirus pandemic in its service areas. As a Community Development Financial Institution, Caldwell Bank & Trust will use this funding to provide loans, investments, financial services and other assistance to support businesses and communities affected by the public health emergency and economic downturn. The CDFI RRP aims to bolster the COVID-19 related response efforts of certified Community Development Financial Institutions across the United States.

Quick answers

Who received award 21RRP056748G?

21RRP056748G was awarded to Caldwell Bank And Trust Company by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056748G worth?

$1,826,265 has been obligated on 21RRP056748G.

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