Cdfi rapid response program award
Ended Project Grant Awarded
- Award ID
- 21RRP057615G
- Recipient
-
Prosperus Detroit Micro Lending UEI LLK6NQLKDHV3
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $200,000
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 a $200,000 Project Grant to Prosperus Detroit Micro Lending through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support Prosperus Detroit's ability to provide financial services to communities impacted by the economic effects of the COVID-19 pandemic. As a Community Development Financial Institution (CDFI), Prosperus Detroit will use this funding to prepare for and respond to increased demand for its lending and other financial products and services that support small businesses and individuals in Detroit during the ongoing public health crisis and economic recovery period.
Quick answers
Who received award 21RRP057615G?
21RRP057615G was awarded to Prosperus Detroit Micro Lending by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.
How much is award 21RRP057615G worth?
$200,000 has been obligated on 21RRP057615G.
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