The Great Falls Development Authority, Inc. was awarded a $1,280,000 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The two-year award, issued on June 15, 2021, will support the Authority's ability to respond to the economic impacts of the coronavirus pandemic through June 30, 2023. As the stated purpose of the CDFI RRP is to support CDFIs in preparing for and responding to the pandemic's economic effects, the funding will presumably enable the Authority to provide related lending, investment, financial, and other economic assistance services to its constituencies during the award period.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $1.3m | 6/15/21 |