The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Commodore Perry Federal Credit Union (CPFCU) a $1.6 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award running from June 2021 through December 2023 will support CPFCU's ability to respond to the economic impacts of the coronavirus pandemic on its members and the communities it serves. As a Community Development Financial Institution, CPFCU is well-positioned to deliver programs and services that prepare for and address the needs of financially underserved populations challenged by the crisis. The CDFI RRP aims to bolster such institutions' COVID-19 relief efforts through targeted funding.
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