Cdfi rapid response program award

The Charter Schools Development Corporation (CSDC) was awarded a $1,826,265 Project Grant from the United States Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024).

The grant will support CSDC's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance to community development financial institutions from June 2021 through December 2023. The CDFI RRP aims to strengthen the capacity of CDFIs to deliver affordable credit, liquidity, and financial services to local communities and populations affected by the economic consequences of COVID-19. This award will allow CSDC to prepare for and meet increased demand for financial and development services during the ongoing public health emergency period.