Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057414G
Recipient
Awarding agency
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

The Municipal Employees Credit Union of Baltimore, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant supports the Credit Union's ability to respond to the economic impacts of the coronavirus through December 31, 2023.

As a Community Development Financial Institution, the Credit Union will use the grant funding to prepare for and provide financial products and services that support communities and businesses affected by the pandemic. The Community Development Financial Institutions Rapid Response Program aims to bolster the COVID-19 related efforts of CDFIs through this type of funding, as outlined in the program under the Catalog of Federal Domestic Assistance number 21.024.

Quick answers

Who received award 21RRP057414G?

21RRP057414G was awarded to Municipal Employees Credit Union Of Baltimore, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057414G worth?

$1,826,265 has been obligated on 21RRP057414G.

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