CDFI-2021-RRP: Fiscal Year 2021 Rapid Response Program
Closed
This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Community Development Financial Institutions notices from 2021.
Community Development Financial Institutions offered grants of up to $5.0 million (at least $200,000) to the applicants described in the notice. It expected to make about 1,050 awards worth $1.3 billion in total. Applications closed on March 22, 2021.
From the official notice on Grants.gov, last changed February 24, 2021. Checked November 7, 2026.
- Award ceiling$5.0 million
- Award floor$200,000
- Total funding$1.3 billion
- Expected awards1,050
- Cost sharingNot required
- Funding typeGrant
Key dates
| Posted | February 25, 2021 |
|---|---|
| Deadline | March 22, 2021 |
| Archived by Grants.gov | April 21, 2021 |
Who can apply
This opportunity was open to the applicants described in the notice.
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
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.
Is this a realistic fit?
- Past Community Development Financial Institutions Rapid Response Program (CDFI RRP) awards averaged $1.4 million; this notice allows up to $5.0 million per award.
- Most of the program's money (59% over five years) went to nonprofits.
- No cost sharing or match is required.
What the grant funds
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.
Who has won Community Development Financial Institutions Rapid Response Program (CDFI RRP) grants before
From fiscal 2021 to 2025, Community Development Financial Institutions Rapid Response Program (CDFI RRP) (21.024) awarded $1.2 billion across 863 grant awards, an average of $1.4 million per award.
| Recipient | State | Awards | Amount |
|---|---|---|---|
| Copiah Bank | Mississippi | 1 | $1.8 million |
| Neighborhood Development Center Inc | Minnesota | 1 | $1.8 million |
| Culleywood Capital LLC | Mississippi | 1 | $1.8 million |
| Michigan Community Capital | Michigan | 1 | $1.8 million |
| Rural Community Assistance Corporation | California | 1 | $1.8 million |
Applying now
This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.
The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.
Questions people ask
Is CDFI-2021-RRP still open?
No. It closed on March 22, 2021.
Who can apply for Fiscal Year 2021 Rapid Response Program?
Community Development Financial Institutions accepted applications from the applicants described in the notice. The notice adds further conditions, so read its eligibility section.
What is the deadline for Fiscal Year 2021 Rapid Response Program?
Closed March 22, 2021. Applications are no longer accepted; the program's newer notices are on this page when there are any.
How much funding is available?
Awards of up to $5.0 million each. About $1.3 billion in total across about 1,050 awards.
Who has won Community Development Financial Institutions Rapid Response Program (CDFI RRP) grants before?
The largest recipients over five fiscal years were Copiah Bank, Neighborhood Development Center Inc, Culleywood Capital LLC. The program made 863 awards worth $1.2 billion in that time.
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