Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP056963G
- Recipient
-
Nectar Community Investments Inc. UEI SWEAGNPFVJF5
- 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 Lowell Community Loan Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the organization's ability to respond to the economic impacts of the coronavirus by providing lending and other financial services through December 31, 2023. The CDFI RRP aims to bolster Community Development Financial Institutions' COVID-19 response efforts. This award will allow the Lowell Community Loan Fund to deliver loans, investments, financial counseling and other assistance to communities impacted by the pandemic in the United States over the next two and a half years.
Quick answers
Who received award 21RRP056963G?
21RRP056963G was awarded to Nectar Community Investments Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP056963G worth?
$1,826,265 has been obligated on 21RRP056963G.
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