Cdfi rapid response program award

Ended Project Grant Awarded

Award ID
21RRP057681G
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

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Mission Community Loan Fund LLC, doing business as Adelante Fund, a $1.826 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The award is to be completed by December 31, 2023.

The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in the communities they serve. Specifically, this award will allow Adelante Fund to provide $1.826 million in loans, investments, financial services and other assistance to support businesses and communities affected by the pandemic through December 2023.

Quick answers

Who received award 21RRP057681G?

21RRP057681G was awarded to Mission Community Loan Fund LLC by Community Development Financial Institutions Fund (Department of the Treasury) on June 15, 2021.

How much is award 21RRP057681G worth?

$1,826,265 has been obligated on 21RRP057681G.

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