Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057294G
- Recipient
-
Astera Credit Union UEI LMKNSCZQADE6
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $1,500,000
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 Astera Credit Union received a $1.5 million Project Grant award 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 funding will support Astera's ability to provide financial products and services to its customers and respond to the economic impacts of the coronavirus pandemic from June 2021 through December 2023. The CDFI RRP aims to bolster Community Development Financial Institutions' capacity to address challenges faced by their communities during public health crises and economic downturns. Astera will use the funds to prepare for and mitigate coronavirus-related hardships experienced by individuals and businesses in its service areas.
Quick answers
Who received award 21RRP057294G?
21RRP057294G was awarded to Astera Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057294G worth?
$1,500,000 has been obligated on 21RRP057294G.
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