Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056911G
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 Department of the Treasury's Community Development Financial Institutions Fund awarded Raiz Federal Credit Union $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic in the communities they serve. Under this award, Raiz Federal Credit Union, operating through its division El Paso Area Teachers Federal Credit Union, will utilize the funding to deliver programs and services to support, prepare for, and respond to the pandemic's economic effects on its member base through the end of 2023.

Quick answers

Who received award 21RRP056911G?

21RRP056911G was awarded to Raiz Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056911G worth?

$1,826,265 has been obligated on 21RRP056911G.

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