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Federal grant programs / Community Development Financial Institutions Rapid Response Program (CDFI RRP)

Community Development Financial Institutions Rapid Response Program (CDFI RRP) in Arkansas

Community Development Financial Institutions Rapid Response Program (CDFI RRP) (21.024) awarded $31.3 million to recipients in Arkansas in 19 grants from fiscal 2021 to 2025, 2.5% of the program's national total. FM Bank and Trust received the most, $1.8 million.

By year

Grants under this program to recipients in Arkansas
Fiscal yearAwardsAmount
FY 202119$31.3 million
FY 2022No awards
FY 20230$0
FY 2024No awards
FY 2025No awards

Recipients in Arkansas

The 10 largest, fiscal 2021 to 2025
RecipientTypeAwardsAmount
FM Bank and TrustBusinesses1$1.8 million
Cotton Belt Federal Credit UnionNonprofits1$1.8 million
FNBC Bancorp IncBusinesses1$1.8 million
Union Bank & Trust CompanyBusinesses1$1.8 million
Forge Financing Ozark Rural Growth and EconomyNonprofits1$1.8 million
Southern Bancorp, IncBusinesses1$1.8 million
Fidelity BankBusinesses1$1.8 million
Producers Bank & TrustBusinesses1$1.8 million
Clearway Federal Credit UnionOther1$1.8 million
Partners BankBusinesses1$1.8 million

Counted by the recipient's location. A recipient based in Arkansas may carry out the work elsewhere.

Open opportunities under this program

None is open or forecast on Grants.gov right now.

Questions people ask

How much Community Development Financial Institutions Rapid Response Program (CDFI RRP) money goes to Arkansas?

$31.3 million from fiscal 2021 to 2025, across 19 awards. Arkansas ranks 15th of 51 states and territories for this program.

Who receives Community Development Financial Institutions Rapid Response Program (CDFI RRP) money in Arkansas?

The largest recipient is FM Bank and Trust, with $1.8 million in 1 award. Next are Cotton Belt Federal Credit Union and FNBC Bancorp Inc.

Can organizations in Arkansas apply now?

No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.

Community Development Financial Institutions Rapid Response Program (CDFI RRP) in other states

Other large programs in Arkansas

All federal grants in Arkansas

Amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.