Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056928G
- Recipient
-
New York University Federal Credit Union UEI Y4N3KM8XWK16
- 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
The Department of the Treasury's Community Development Financial Institutions Fund awarded New York University Federal Credit Union a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the credit union in providing financial products and services from June 2021 through December 2023 to respond to the economic impacts of the coronavirus pandemic in its service areas. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to prepare for and address the effects of Covid-19 on their communities. New York University Federal Credit Union will use the funding to deliver services that assist impacted individuals and businesses during this period of economic recovery.
Quick answers
Who received award 21RRP056928G?
21RRP056928G was awarded to New York University Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056928G worth?
$1,826,265 has been obligated on 21RRP056928G.
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