Some exciting news from MCCD! Last month MCCD was awarded a $1.826M grant, the maximum, from the US Dept. of the Treasury CDFI Rapid Response Program (CDFI RRP). MCCD and 26 other CDFIs in Minnesota received this unprecedented funding which can be used for financial services and products, technical assistance, and loan loss reserves among other eligible uses. These resources could truly be a game changer for the businesses and communities in our region. Over the next month we will be developing a specific strategy for the use of the funds. More about this exciting news to come!