RIO Grande Valley Multibank Corporation was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The award period is from June 15, 2021 through December 31, 2023 to support RIO Grande Valley Multibank Corp's ability to address the economic impacts of the coronavirus pandemic in its service area. As a Community Development Financial Institution, RIO Grande Valley Multibank Corp will utilize this funding to provide financial and other services to communities and populations affected by the public health emergency through the end of 2023.
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