Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057023G
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 $1.8 million Project Grant to Texas Mezzanine Fund Inc. under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024).

Texas Mezzanine Fund will use the grant funding to support, prepare for, and respond to the economic impact of the coronavirus by providing financing and other services to community development financial institutions from June 15, 2021 through December 31, 2023. As a sub-awardee, Texas Mezzanine Fund will leverage its expertise in mezzanine financing to help CDFIs facing increased demand for loans, investments, financial counseling and other assistance due to the pandemic.

Quick answers

Who received award 21RRP057023G?

21RRP057023G was awarded to Texas Mezzanine Fund Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057023G worth?

$1,826,265 has been obligated on 21RRP057023G.

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