Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056787G
Recipient
Awarding agency
Obligated
$1,000,000

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 Rising Tide Community Loan Fund $1 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through June 2023. The CDFI RRP grant aims to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the coronavirus pandemic by preparing for and responding to related community needs. Rising Tide Community Loan Fund will utilize this funding to provide $1 million in loans, investments, financial services and other assistance to support communities and businesses facing economic hardship due to the pandemic in the United States through June 2023.

Quick answers

Who received award 21RRP056787G?

21RRP056787G was awarded to Rising Tide Community Loan Fund by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056787G worth?

$1,000,000 has been obligated on 21RRP056787G.

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