Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057630G
Recipient
Awarding agency
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

Akiptan Inc. 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 (CDFI RRP, CFDA #21.024). The award will support Akiptan's ability to provide financial products and services to communities in need from June 2021 through December 2023.

The CDFI RRP aims to bolster CDFIs' capacity to address economic hardship resulting from the COVID-19 pandemic. Akiptan will use the funding to prepare for and respond to coronavirus impacts through the delivery of loans, investments, financial services and other assistance to underserved individuals and communities through December 2023.

Quick answers

Who received award 21RRP057630G?

21RRP057630G was awarded to Akiptan, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057630G worth?

$1,826,265 has been obligated on 21RRP057630G.

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