Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057173G
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 Brooklyn Cooperative Federal Credit Union (BCFCU) 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 will support BCFCU's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the COVID-19 pandemic in its service areas. As a Community Development Financial Institution, BCFCU aims to deliver responsible lending, banking services, financial counseling, and related assistance to underserved communities under this funding from the CDFI RRP program.

Quick answers

Who received award 21RRP057173G?

21RRP057173G was awarded to Brooklyn Cooperative Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057173G worth?

$1,826,265 has been obligated on 21RRP057173G.

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