Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057410G
- Recipient
-
Bay Federal Credit Union UEI JLEHJNEXMEG4
- 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
Bay Federal Credit Union was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus. Specifically, the funding will allow Bay Federal Credit Union to provide financial products and services to communities and populations affected by the pandemic from June 2021 through December 2023. The CDFI RRP aims to prepare CDFIs like Bay Federal Credit Union for coronavirus response and recovery efforts.
Quick answers
Who received award 21RRP057410G?
21RRP057410G was awarded to Bay Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057410G worth?
$1,826,265 has been obligated on 21RRP057410G.
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