Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057419G
- Recipient
-
Syracuse Cooperative Federal Credit Union UEI GJJVTNBUMEL3
- 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
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Syracuse Cooperative Federal Credit Union (Cooperative Federal) a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024).
The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic. Cooperative Federal will use this funding through December 2023 to provide services that prepare for and respond to the pandemic's effects in their local communities. As a CDFI, Cooperative Federal supports community development and financial inclusion through lending and other financial products. This award will allow them to bolster those efforts during current economic challenges.
Quick answers
Who received award 21RRP057419G?
21RRP057419G was awarded to Syracuse Cooperative Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057419G worth?
$1,826,265 has been obligated on 21RRP057419G.
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