The Local Initiatives Support Corporation (LISC) was awarded a $1.8 million Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024).
The grant will support LISC's ability to respond to the economic impacts of the coronavirus pandemic by providing $1.8 million in funding from June 2021 through December 2023. As the name suggests, the CDFI RRP aims to bolster Community Development Financial Institutions' capacity to address needs arising from the coronavirus crisis in the communities they serve. The funding will enhance LISC's efforts to prepare for and address coronavirus impacts through its community development initiatives during the award period.
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