The $8,000,000 Capital Magnet Fund (CFDA 21.011) grant awarded to the Ohio Capital Finance Corporation on October 23, 2024 by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund is intended to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals, families, and communities nationwide. As a certified CDFI, Ohio Capital Finance Corporation will use these competitively awarded grant funds to attract...
The City of Rector Housing Authority received a $217,110 formula grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund (CFDA 14.872) program. The grant funds will be used to support the development, modernization, and financing of nearly 1 million public housing units across the United States. Key activities include construction, rehabilitation, demolition, and reconfiguration of public housing properties to ensure the units meet federal...
The Cambridge Metropolitan Housing Authority received a $522,124 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund (CFDA 14.872) program. The grant, awarded on May 13, 2025, will support the development, modernization, and financing of nearly 1 million public housing units across the United States through May 12, 2029. Key activities to be performed include public housing unit construction, rehabilitation, demolition, energy...
The U.S. Department of Housing and Urban Development's (HUD) Public Housing Capital Fund Program (CFDA 14.872) awarded the Housing Authority of the Village of Oak Park, doing business as Mills Park Towers, a $365,310 formula grant on May 13, 2025. The purpose of this grant is to provide financial assistance to public housing agencies (PHAs) for capital and management activities, including the modernization, development, and financing of public housing. The key activities to be performed under...
This $585,533 Formula Grant award, provided by the U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, will enable the Wayne Metropolitan Housing Authority (WMHA) to undertake capital and management activities for public housing in its service area. The grant funds will support the development, modernization, and financing of nearly 1 million public housing units across the United States. Key...
The City of Brainerd, doing business as Brainerd HRA, received a $526,514 formula grant award under the U.S. Department of Housing and Urban Development's Public Housing Capital Fund (CFDA 14.872) program. The award will fund the development, modernization, and financing of nearly 1 million public housing units across the United States through May 2029. Key activities include physical improvements to housing structures, management of public housing units, implementing resident supportive...
The federal Project Grant award of $300,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) aims to invest in and build the capacity of the California Capital Small Business Financial Development Corporation, doing business as California Capital SBDC. As a certified CDFI, California Capital SBDC will use the funding to deliver a range of financial services, loans, investments, and technical assistance to support economic...
The Fall River Housing Authority received a $5,648,419 Formula Grant under the Department of Housing and Urban Development's Public Housing Capital Fund program (CFDA 14.872). The grant will be used over a 4-year period from May 2025 to May 2029 to fund public housing modernization, development, and financing activities for nearly 1 million public housing units across the U.S. Key eligible activities include construction, acquisition, rehabilitation, demolition, energy efficiency improvements,...
The Calera Housing Authority received a $370,327 Public Housing Capital Fund (CFDA 14.872) formula grant from the U.S. Department of Housing and Urban Development (HUD). The grant will be used to support capital and management activities for public housing, including modernization, development, and financing of nearly 1 million public housing units across the United States. Key activities to be performed include physical improvements to housing structures, management improvements, and ensuring...
The U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office awarded a $208,163 Public Housing Capital Fund (CFDA 14.872) formula grant to the Housing Authority of the City of Mansfield. The grant will be used to support the development, modernization, and financing of nearly 1 million public housing units across the United States over a 4-year period from May 2025 to May 2029. Key activities to be performed include public housing development, reconfiguration,...