Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057421G
- Recipient
-
Midminnesota Federal Credit Union UEI NN6LYPBCEEN8
- 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 Midminnesota 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, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant period runs from June 15, 2021 through December 31, 2023 and will allow Midminnesota Federal Credit Union to provide financing and other assistance to communities and businesses affected by the pandemic in the United States. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions like Midminnesota Federal Credit Union to deliver resources that address the economic challenges small businesses and individuals face due to COVID-19.
Quick answers
Who received award 21RRP057421G?
21RRP057421G was awarded to Midminnesota Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057421G worth?
$1,826,265 has been obligated on 21RRP057421G.
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