Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056924G
- Recipient
-
Lake Trust Credit Union UEI JC4RKUTQ5Q25
- 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
Lake Trust Credit Union received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support Lake Trust Credit Union in providing financial products and services to communities and populations affected by the economic impact of the coronavirus pandemic through December 31, 2023. Specifically, the CDFI RRP award of $1,826,265 will enable Lake Trust Credit Union to prepare for and respond to increased demand for financial services in low-income areas and help address liquidity issues faced by those communities as a result of Covid-19.
Quick answers
Who received award 21RRP056924G?
21RRP056924G was awarded to Lake Trust Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056924G worth?
$1,826,265 has been obligated on 21RRP056924G.
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