Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056912G
- Recipient
-
Empower Federal Credit Union UEI HPYEDXTVJ7F4
- 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
Empower Federal Credit Union was awarded a $1,826,265 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 Empower FCU's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the COVID-19 pandemic in the United States. The CDFI RRP aims to support Community Development Financial Institutions like Empower FCU as they prepare for and respond to the pandemic's economic effects. Empower FCU will use the grant funding to deliver loans, investments, financial services, and other financial products to support community development and ensure access to affordable credit through the end of 2023.
Quick answers
Who received award 21RRP056912G?
21RRP056912G was awarded to Empower Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056912G worth?
$1,826,265 has been obligated on 21RRP056912G.
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