Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056768G
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

Commercial Capital Bank was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to support the ability of Community Development Financial Institutions to address economic challenges in low-income communities during times of economic distress or recovery. Through this funding, Commercial Capital Bank will provide loans, investments, financial services and other assistance to businesses and individuals in low-income areas impacted by COVID-19 between June 2021 and December 2023.

Quick answers

Who received award 21RRP056768G?

21RRP056768G was awarded to Commercial Capital Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056768G worth?

$1,826,265 has been obligated on 21RRP056768G.

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