The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is offering the CDFI Rapid Response Program (CDFI RRP) grant. This grant is designed to provide critical financial support to Certified Community Development Financial Institutions (CDFIs). The primary purpose of this initiative is to help these vital organizations prepare for, support, and effectively respond to the significant economic consequences arising from the COVID-19 pandemic. Through this program, the CDFI Fund aims to bolster the capacity of CDFIs to address community needs and mitigate the financial hardships faced by individuals and businesses impacted by the pandemic, ensuring a resilient economic recovery.
Opportunity ID: 331699
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | CDFI-2021-RRP |
| Funding Opportunity Title: | Fiscal Year 2021 Rapid Response Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 1050 |
| Assistance Listings: | 21.024 — Community Development Financial Institutions Rapid Response Program (CDFI RRP) |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Feb 24, 2021 |
| Last Updated Date: | Feb 24, 2021 |
| Original Closing Date for Applications: | Mar 22, 2021 |
| Current Closing Date for Applications: | Mar 22, 2021 |
| Archive Date: | Apr 21, 2021 |
| Estimated Total Program Funding: | $1,250,000,000 |
| Award Ceiling: | $5,000,000 |
| Award Floor: | $200,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applicants must be Certified Community Development Financial Institutions (CDFIs) by the date the applicable Notice of Funds Availability (NOFA) is published in the Federal Register and meet the other criteria listed in the NOFA. |
Additional Information
| Agency Name: | Community Development Financial Institutions |
| Description: |
Through the CDFI Rapid Response Program (CDFI RRP), the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will provide Certified CDFIs with grants to “support, prepare for, and respond to the economic impact” of the COVID-19 pandemic. |
| Link to Additional Information: | A webpage on the CDFI Fund’s website with all the relevant details regarding the CDFI Rapid Response Program. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CDFI Fund Help Desk
(202) 653-0421 Email:cdfihelp@cdfi.treas.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
There are no related documents on this grant.
Packages
| Agency Contact Information: | CDFI Fund Help Desk (202) 653-0421 Email: cdfihelp@cdfi.treas.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 21.024 | PKG00265631 | Feb 25, 2021 | Mar 22, 2021 | View |
Package 1
Mandatory forms
331699 SF424_Mandatory_2_0-2.0.pdf
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