Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056958G
- Recipient
-
Democracy Federal Credit Union UEI P5A1BUMDEMD3
- 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
Democracy Federal Credit Union (Democracy FCU) 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 grant will support Democracy FCU's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing support through December 31, 2023. The CDFI RRP aims to bolster Community Development Financial Institutions' capacity to serve their communities during an economic crisis. Democracy FCU will use the funds to deliver services that address the needs of its constituencies in light of the pandemic's economic effects over the coming thirty months.
Quick answers
Who received award 21RRP056958G?
21RRP056958G was awarded to Democracy Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056958G worth?
$1,826,265 has been obligated on 21RRP056958G.
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