Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057349G
- Recipient
-
Rize Federal Credit Union UEI EL3JHGE9KAL6
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $1,826,265
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
SCE Federal Credit Union received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support SCE Federal Credit Union's ability to provide financial products and services that prepare for and respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As a Community Development Financial Institution, SCE Federal Credit Union will use the CDFI RRP award to support communities facing economic hardships due to COVID-19 by delivering $1.8 million in loans, investments, financial services and other financial products to eligible borrowers and areas.
Quick answers
Who received award 21RRP057349G?
21RRP057349G was awarded to Rize Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057349G worth?
$1,826,265 has been obligated on 21RRP057349G.
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