Formula Grant TX24P37850109

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 Public Housing Capital Fund (CFDA 14.872) is a formula grant program administered by the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office. This $175,552 grant award to the Center Housing Authority, doing business as Southwood Apartments, will fund public housing modernization, development, and management improvements over the performance period from May 2025 to May 2029. The funding supports critical capital projects and operational activities for the...

The City of Sunland Park, doing business as the Sunland Park Housing Authority, was awarded a $102,673 formula grant under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund (CFDA 14.872) program. This grant will fund public housing modernization, development, management improvements, and other eligible activities described in 24 CFR Part 905, with a performance period from May 2025 to May 2029. The Public Housing Capital Fund program provides financial...

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 Housing Authority of Irvington has been awarded a $101,464 Public Housing Capital Fund (CFDA 14.872) formula grant by the U.S. Department of Housing and Urban Development (HUD) Office of Public and Indian Housing. This grant, with a period of performance from May 2025 to May 2029, will enable the housing authority to carry out public housing modernization, development, and management improvement activities as specified in 24 CFR Part 905. Key eligible uses of the funds include...

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 Public Housing Capital Fund (CFDA 14.872) is a formula grant program administered by the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office. This $190,994 grant award to the Wortham Housing Authority in Wortham, TX, with a performance period from May 2025 to May 2029, provides funding for public housing modernization, development, management improvements, and other eligible activities as outlined in 24 CFR Part 905. The grant supports critical capital...