Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056934G
- Recipient
-
Cotton Belt Federal Credit Union UEI KQ82KEJS2LC1
- 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 Pine Bluff Cotton Belt Federal Credit Union (PBCFCU) was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024).
The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic. PBCFCU will use the funding to provide financial and other services through December 31, 2023 to support, prepare for, and respond to the pandemic's economic effects in its service area. The award will allow PBCFCU to deliver its mission as a CDFI during this challenging time.
Quick answers
Who received award 21RRP056934G?
21RRP056934G was awarded to Cotton Belt Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056934G worth?
$1,826,265 has been obligated on 21RRP056934G.
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