The South Eastern Development Foundation received a $570,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund on June 15, 2021 to support coronavirus response efforts through December 31, 2023. The funding falls under the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established by the Treasury Department to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the pandemic (CFDA #21.024).
With this award, South Eastern Development Foundation will provide products and services to prepare for and respond to the effects of the coronavirus through the end of 2023. As a CDFI, the Foundation is well-positioned to support communities and businesses harmed economically by the pandemic using the $570K in federal grant funds.
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