Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057110G
- Recipient
-
Telhio Credit Union, Inc. UEI DELSSMCKJE95
- 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 Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Telhio Credit Union, Inc. under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Telhio Credit Union in providing financial products and services through Dec. 31, 2023 to respond to the economic impacts of the coronavirus pandemic in the United States. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to prepare for and address the effects of Covid-19 on their communities. Telhio Credit Union will use the funding to deliver loans, investments, financial services and other assistance to support individuals and businesses affected by the public health emergency and economic downturn.
Quick answers
Who received award 21RRP057110G?
21RRP057110G was awarded to Telhio Credit Union, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057110G worth?
$1,826,265 has been obligated on 21RRP057110G.
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