Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056805G
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

First Southern 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 First Southern Bank's ability to respond to the economic impacts of the coronavirus pandemic through the Community Development Financial Institutions Rapid Response Program (CDFI RRP). Administered by the Community Development Financial Institutions Fund, the CDFI RRP aims to support Community Development Financial Institutions in preparing for and responding to the economic effects of COVID-19. The $1.8 million in grant funding will enable First Southern Bank to provide services through December 31, 2023 that address the needs of its communities in light of the pandemic.

Quick answers

Who received award 21RRP056805G?

21RRP056805G was awarded to First Southern Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056805G worth?

$1,826,265 has been obligated on 21RRP056805G.

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