Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057539G
- Recipient
-
Rockingham Economic Development Corp UEI QNHGC1XLAV99
- 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 Rockingham Economic Development Corp (Redc) received a $1,826,265 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support Redc's ability to respond to the economic impact of the coronavirus.
The two-year grant running from June 2021 through March 2024 will allow Redc to provide $1.8 million in services to support and prepare communities for the economic effects of the COVID-19 pandemic. As a Community Development Financial Institution, Redc will use the funding to respond to increased needs in its service area and ensure access to affordable credit and financial services for underserved populations affected by the health crisis.
Quick answers
Who received award 21RRP057539G?
21RRP057539G was awarded to Rockingham Economic Development Corp by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057539G worth?
$1,826,265 has been obligated on 21RRP057539G.
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