Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056753G
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

Citizens Progressive Bank received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support Citizens Progressive Bank's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As the stated purpose of the CDFI RRP program is to support Community Development Financial Institutions in responding to the economic effects of COVID-19, the bank will likely use the funds to provide financial products and services that address needs in underserved communities as a result of the pandemic.

Quick answers

Who received award 21RRP056753G?

21RRP056753G was awarded to Citizens Progressive Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056753G worth?

$1,826,265 has been obligated on 21RRP056753G.

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