Fiscal Year 2021 Rapid Response Program

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Funding Opportunity ID: 331699
Opportunity Number: CDFI-2021-RRP
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:
CFDA Number(s): 21.024
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.
Agency Code: USDOT-CDFI
Agency Name: US Department of the Treasury
Community Development Financial Institutions
Posted Date: Feb 25, 2021
Close Date: Mar 22, 2021
Last Updated Date: Feb 24, 2021
Award Ceiling: $5,000,000
Award Floor: $200,000
Estimated Total Program Funding: $1,250,000,000
Expected Number of Awards: 1050
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.
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