Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057133G
- Recipient
-
Merco Credit Union UEI NU7ED6PZQNR3
- 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
Merco Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant funding will support Merco Credit Union in providing financial products and services to prepare for and respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution, Merco Credit Union will utilize the grant funds to support local businesses and communities affected by COVID-19 through the CDFI RRP's goal of bolstering the ability of such institutions to address pandemic-related economic challenges.
Quick answers
Who received award 21RRP057133G?
21RRP057133G was awarded to Merco Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057133G worth?
$1,826,265 has been obligated on 21RRP057133G.
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