Meat and poultry intermediary relending grant

Ended Project Grant Awarded

Award ID
CLSS00000075702
Recipient
Awarding agency
Obligated
$8,025,000

Award facts

Assistance listing
10.382 Meat and Poultry Intermediary Lending Program
Completion date
Place of performance
Puerto Rico

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Department of Agriculture Rural Housing Service awarded a $8.025 million Project Grant to Fondo De Inversion Y Desarrollo Cooperativo Inc. under the Meat and Poultry Intermediary Lending Program (CFDA 10.382). The grant will facilitate financing to qualified ultimate recipients for projects involving the start-up or expansion of meat and poultry processors in Puerto Rico to increase processing capacity. Specifically, the grant provides funding to Fondo De Inversion Y Desarrollo Cooperativo Inc. as an intermediary lender, which will use the funds to provide loans to eligible meat and poultry processors in Puerto Rico for projects aimed at growing their processing operations. The grant period is from March 6, 2023 to March 6, 2025.

Quick answers

Who received award CLSS00000075702?

CLSS00000075702 was awarded to Fondo De Inversion Y Desarrollo Cooperativo Inc. by Rural Business Cooperative Services (Washington Office) on March 6, 2023.

How much is award CLSS00000075702 worth?

$8,025,000 has been obligated on CLSS00000075702.

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