Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056906G
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

Centric Federal Credit Union 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 will support Centric Federal Credit Union's ability to provide financial products and services to communities impacted by the economic effects of the coronavirus pandemic through December 31, 2023. Specifically, the CDFI RRP funding will enable Centric Federal Credit Union to prepare for and respond to increased demand for financial support from local businesses and individuals as they deal with the economic consequences of the public health crisis. The grant aims to bolster the capacity of Community Development Financial Institutions like Centric Federal Credit Union to serve their constituencies during these challenging times.

Quick answers

Who received award 21RRP056906G?

21RRP056906G was awarded to Centric Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056906G worth?

$1,826,265 has been obligated on 21RRP056906G.

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