Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056944G
- Recipient
-
Rev Federal Credit Union UEI MFEBJJAHGVB1
- 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 (CDFI Fund) awarded Rev Federal Credit Union $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The award is intended to support Rev Federal Credit Union in providing financial products and services through December 31, 2023 to respond to the economic impacts of the coronavirus pandemic in the United States, consistent with the CDFI RRP's goal of supporting Community Development Financial Institutions' pandemic response and preparedness efforts. The CDFI RRP award will enable Rev Federal Credit Union to deliver $1.8 million in loans, investments, financial services and other assistance to support communities and populations impacted by the public health emergency and economic downturn.
Quick answers
Who received award 21RRP056944G?
21RRP056944G was awarded to Rev Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056944G worth?
$1,826,265 has been obligated on 21RRP056944G.
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