Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057580G
- Recipient
-
Altcap UEI EJ5NBGKCA6M9
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $1,500,000
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 Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Altcap $1.5 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The two-year project grant aims to support Altcap's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing assistance through December 31, 2023. As the stated purpose of the CDFI RRP is to support Community Development Financial Institutions in responding to the pandemic's economic effects, the $1.5 million in funding will presumably enable Altcap to deliver financial and other related services to communities and populations affected by the public health emergency and resulting economic downturn.
Quick answers
Who received award 21RRP057580G?
21RRP057580G was awarded to Altcap by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057580G worth?
$1,500,000 has been obligated on 21RRP057580G.
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