Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057453G
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 Florida A&M University Federal Credit Union (FAMU FCU) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The grant will support FAMU FCU's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and other services to communities and populations affected by the pandemic from June 2021 through December 2023. The CDFI RRP aims to support Community Development Financial Institutions' capacity to address economic challenges in low-income communities during times of economic distress or recovery.

Quick answers

Who received award 21RRP057453G?

21RRP057453G was awarded to Florida A&M University Federal Credit Union by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057453G worth?

$1,826,265 has been obligated on 21RRP057453G.

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