Fiscal Year 2021 Rapid Response Program

The summary for the Fiscal Year 2021 Rapid Response Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Community Development Financial Institutions, which is the U.S. government agency offering this grant.
Fiscal Year 2021 Rapid Response Program: 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.
Federal Grant Title: Fiscal Year 2021 Rapid Response Program
Federal Agency Name: Community Development Financial Institutions (USDOT-CDFI)
Grant Categories: Community Development
Type of Opportunity: Discretionary
Funding Opportunity Number: CDFI-2021-RRP
Type of Funding: Grant
CFDA Numbers: 21.024
CFDA Descriptions: Information not provided
Current Application Deadline: March 22nd, 2021
Original Application Deadline: March 22nd, 2021
Posted Date: February 25th, 2021
Creation Date: February 25th, 2021
Archive Date: April 21st, 2021
Total Program Funding: $1,250,000,000
Maximum Federal Grant Award: $5,000,000
Minimum Federal Grant Award: $200,000
Expected Number of Awards: 1050
Cost Sharing or Matching: No
Last Updated: February 24th, 2021
Applicants Eligible for this Grant
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.
Link to Full Grant Announcement
A webpage on the CDFI Fund's website with all the relevant details regarding the CDFI Rapid Response Program.
Grant Announcement Contact
CDFI Fund Help Desk
(202) 653-0421
CDFI Fund Help Desk
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