# Community Development Financial Institutions Rapid Response Program (CDFI RRP) (21.024)

Source: https://welltoldgrants.com/programs/21-024-community-development-financial-institutions-rapid-response/  
Publisher: Well Told Grants. Data: USAspending.gov and Grants.gov, updated November 7, 2026.

Community Development Financial Institutions Rapid Response Program (CDFI RRP) is run by Department of the Treasury. From fiscal 2021 to 2025 it awarded $1.2 billion in 863 grants, about $1.4 million per award.

## Objectives

To support the ability of Community Development Financial Institutions (CDFIs) to support, prepare for, and respond to the economic impact of the coronavirus.

## Funding by fiscal year

| Year | Amount | Awards |
|---|---|---|
| 2021 | $1.2 billion | 863 |
| 2022 | -$409,357 | 0 |
| 2023 | -$285,000 | 0 |
| 2024 | -$443,265 | 0 |
| 2025 | $0 | 0 |

## Largest recipients

| Recipient | State | Amount |
|---|---|---|
| Copiah Bank | Mississippi | $1.8 million |
| Neighborhood Development Center Inc | Minnesota | $1.8 million |
| Culleywood Capital LLC | Mississippi | $1.8 million |
| Michigan Community Capital | Michigan | $1.8 million |
| Rural Community Assistance Corporation | California | $1.8 million |
| The Cleveland State Bank | Mississippi | $1.8 million |
| Carolina Foothills | South Carolina | $1.8 million |
| Public Service Credit Union | Michigan | $1.8 million |
| Gibsland Bank & Trust Company | Louisiana | $1.8 million |
| Lewis Clark Credit Union | Idaho | $1.8 million |
| Rio Grande Valley Multibank Corporation | Texas | $1.8 million |
| Citizens Trust Bank | Georgia | $1.8 million |
| Rocket Federal Credit Union | Texas | $1.8 million |
| Genesis La Economic Growth Corporation | California | $1.8 million |
| First General Bank | California | $1.8 million |
| Northeast Entrepreneur Fund, Inc. | Minnesota | $1.8 million |
| Telhio Credit Union, Inc. | Ohio | $1.8 million |
| Community Health Center Capital Fund Inc | Massachusetts | $1.8 million |
| Greater Minnesota Housing Fund | Minnesota | $1.8 million |
| The First Bank | Mississippi | $1.8 million |