Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056822G
- Recipient
-
TNB Bancshares, Inc. UEI XDU4PQYUVDM8
- 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
MNB Ventures, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support MNB Ventures' ability to respond to the economic impacts of the coronavirus pandemic in its service areas. As a Community Development Financial Institution, MNB Ventures will utilize the funding to provide loans, investments, financial services and technical assistance to underserved communities and populations affected by the pandemic. The CDFI RRP aims to support CDFIs' pandemic response efforts through quick-disbursing capital and technical assistance.
Quick answers
Who received award 21RRP056822G?
21RRP056822G was awarded to TNB Bancshares, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056822G worth?
$1,826,265 has been obligated on 21RRP056822G.
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