Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP056917G
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 Florida State University Credit Union (FSUCU) was awarded a $1.8 million Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The June 2021 award provides funding through December 2023 to support FSUCU's ability to respond to the economic impacts of the coronavirus pandemic on its communities. As a Community Development Financial Institution, FSUCU will use the grant funds to prepare for and provide financial products and services that support community recovery and resilience in light of the pandemic's economic effects. The CDFI RRP aims to bolster the pandemic response capacity of certified community lenders like FSUCU.

Quick answers

Who received award 21RRP056917G?

21RRP056917G was awarded to Champions First Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP056917G worth?

$1,826,265 has been obligated on 21RRP056917G.

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