Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056791G
- Recipient
-
Detroit Development Fund UEI XTVLMK11K571
- 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 Detroit Development Fund (DDF) was awarded a $1.8 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant funding will support DDF's efforts to prepare for and respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, DDF will use the federal grant funds to provide products and services that support community development and economic growth in impacted areas. The CDFI RRP aims to bolster the ability of CDFIs like DDF to address the needs of local communities as they deal with coronavirus pandemic's economic effects.
Quick answers
Who received award 21RRP056791G?
21RRP056791G was awarded to Detroit Development Fund by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056791G worth?
$1,826,265 has been obligated on 21RRP056791G.
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