Project Grant 21RRP057019G

Award Date 6/15/21
Completion Date 12/31/23
Dollars Obligated $1.8M
Federal Grant Program
21.024
Assistance Type
Project Grant
Place of Performance
United States

The Hope Enterprise Corporation received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports Hope Enterprise through the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. With this award concluding on December 31, 2023, Hope Enterprise will utilize the $1.8 million to deliver financial and technical assistance services to communities and businesses harmed by the pandemic through the established CDFI RRP program framework.

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