RVA Financial Federal Credit Union received a $4,957,678 project grant award under the Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities in low-to-moderate income communities disproportionately impacted by the COVID-19 pandemic. Funded by the Department of the Treasury's Community Development Financial Institutions Fund, the award will enable RVA Financial Federal Credit Union to provide $4.957 million in lending and financial services to underserved borrowers through December 2028. The Community Development Financial Institutions Fund Equitable Recovery Program aims to support Community Development Financial Institutions in responding to the economic effects of the public health emergency by expanding access to capital and financial services in communities with significant capital gaps.
Generated 2/6/24, 9:11 AM