The People's Partners For Community Development (PPCD) was awarded a $200,000 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 funding will support PPCD's ability to provide financial and technical assistance to communities and businesses economically impacted by COVID-19 from June 2021 through December 2023. The CDFI RRP aims to bolster CDFIs' capacity to respond to and mitigate coronavirus pandemic effects through the delivery of lending, investment, training, and developmental services. PPCD will utilize the federal funding to prepare for and address the economic challenges faced by underserved populations and areas as a result of the public health crisis and economic downturn.
Generated 1/7/24, 12:16 AM