Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056875G
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

The Cleveland State Bank was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support the bank's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As part of the CDFI RRP program (CFDA #21.024), the grant funds will enable the bank to provide financial and technical assistance to underserved communities and populations affected by the pandemic, such as small businesses and non-profits. The CDFI RRP aims to bolster the COVID-19 response capacity of Community Development Financial Institutions like the Cleveland State Bank during this period of economic disruption.

Quick answers

Who received award 21RRP056875G?

21RRP056875G was awarded to The Cleveland State Bank by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056875G worth?

$1,826,265 has been obligated on 21RRP056875G.

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