Congratulations to the 46 Sones & White clients receiving awards in the U.S. Department of the Treasury’s CDFI Rapid Response Program (RRP). Sones & White clients were awarded $84 million to respond to economic challenges created by the COVID-19 pandemic, particularly in underserved communities.
The CDFI RRP is a one-time COVID-19 relief program. The grant funds will be used to support eligible activities, such as financial products and services, development services, operational activities, and to enable CDFIs to build loan-loss and capital reserves.
Please contact us if you would like Sones & White Consulting to perform a CDFI Certification Assessment for your bank.