Formula Grant AR37P04050108

The Capital Magnet Fund award of $4.8 million from the Department of the Treasury's Community Development Financial Institutions Fund will support the creation and preservation of affordable housing through the Capital Magnet Fund program (CFDA 21.011). Administered by Cinnaire Lending Corporation, the grant will attract private capital to finance affordable housing for low-income families, individuals, and economically distressed communities through the preservation and rehabilitation of...

The Finance Fund Capital Corp was awarded a $1.5 million Project Grant from the Department of the Treasury Community Development Financial Institutions Fund on February 22, 2021. The grant was awarded under the Capital Magnet Fund program (CFDA 21.011), which helps create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Through this award, Finance Fund Capital Corp will use the $1.5 million in grant...

The Department of the Treasury's Community Development Financial Institutions Fund awarded Locus Impact Fund $3.75 million under the Capital Magnet Fund program on February 22, 2021. The Capital Magnet Fund (CFDA 21.011) helps create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital. Locus Impact Fund will use this funding to support financing that preserves and rehabilitates affordable housing, consistent with the...

The Department of the Treasury Community Development Financial Institutions Fund awarded a $5.5 million Project Grant to Bluehub Loan Fund Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The Capital Magnet Fund program aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Bluehub Loan Fund Inc. will use the $5.5 million award to support financing that furthers this...

Century Affordable Development Inc. was awarded a $1.8 million Capital Magnet Fund project grant by the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The grant will support the Capital Magnet Fund program's goal of creating and preserving affordable housing for low-income families and economically distressed communities. Specifically, Century Affordable Development Inc. will use the funding to attract private capital through financing that...

The U.S. Department of Housing and Urban Development's Public and Indian Housing Office awarded the Brookfield Housing Authority $225,581 under the Public Housing Capital Fund (CFDA 14.872) formula grant, effective May 13, 2025, through May 12, 2029. This funding supports capital and management activities essential to maintaining the Authority's public housing portfolio, including modernization of existing units, infrastructure improvements, emergency repairs, energy efficiency upgrades, and...

Community Housing Capital, Inc. was awarded a $2.5 million Capital Magnet Fund grant from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The Capital Magnet Fund program aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities through attracting private capital for financing preservation and rehabilitation. Under this award, Community Housing Capital will use the funds...

The San Francisco Housing Authority received a $5.5M formula grant award from the U.S. Department of Housing and Urban Development's Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872), effective May 13, 2025, through May 12, 2029. This funding supports capital and management activities for public housing modernization, development, and infrastructure improvements serving low-income residents across San Francisco. Eligible uses include construction and...

The Housing Authority of Fulton received a $587,909 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) on May 13, 2025. This award, with a performance period extending through May 12, 2029, provides capital funding to support infrastructure improvements, modernization projects, and management activities for public housing units serving low-income residents in Fulton,...

Summary The Crestview Housing Authority received a Formula Grant award of $960,802 from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, effective April 1, 2026, through March 31, 2030. This award provides capital funding for modernization, development, emergency repairs, energy efficiency upgrades, and management improvements to public housing units within the authority's inventory. The...