Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057022G
Recipient
Awarding agency
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 Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.826 million Project Grant to Cooperativa De Ahorro Y Credito De Arecibo (Coopaca) through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023.

Under the award, Coopaca will provide financial and technical assistance to support communities and businesses impacted by the economic effects of the coronavirus pandemic. As a Community Development Financial Institution, Coopaca is well-positioned to deliver services that prepare for and respond to the pandemic's economic impact through the CDFI Rapid Response Program's goal of maintaining healthy lending to credit-starved communities.

Quick answers

Who received award 21RRP057022G?

21RRP057022G was awarded to Cooperativa De Ahorro Y Credito De Arecibo by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057022G worth?

$1,826,265 has been obligated on 21RRP057022G.

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