True Access Capital Corp received a $1.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. Through this award, True Access Capital Corp will deliver financial and technical assistance services to communities and businesses affected by the pandemic through December 31, 2023. The CDFI RRP aims to maintain lending and liquidity in low-income communities during the public health crisis and economic downturn.
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