Cdfi rapid response program award

Ceds Finance received a $200,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund on June 15, 2021 to support coronavirus response efforts through September 30, 2023. The funding falls under the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established by the Treasury Department to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the pandemic (CFDA #21.024). With this award, Ceds Finance will provide financing and other assistance to communities and businesses affected by the public health emergency and economic downturn through September 2023. The CDFI RRP grant allows Ceds Finance to prepare for and respond to coronavirus impacts through its community development lending and investment activities over the next two years.