Project Grant 201CM055115G
- 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...
- 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 Corporation for Supportive Housing received a $5.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The grant was provided through the Capital Magnet Fund program (CFDA 21.011), which aims to create and preserve affordable housing for low-income families and economically distressed communities by leveraging private capital investments. With this award, the Corporation for Supportive Housing will...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded a $3.75 million Project Grant to Habitat for Humanity International Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The grant will support the creation and preservation of affordable housing for low-income families and economically distressed communities by attracting private capital financing. Specifically, the Capital Magnet Fund award will help finance the preservation and...
- Community NHS received a $2.526 million Capital Magnet Fund award from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The funding will support the Capital Magnet Fund program's goal of creating and preserving affordable housing for low-income families, individuals, and economically distressed communities. Specifically, Community NHS will use the grant to attract private capital through financing that supports the preservation and...
- Home Headquarters Inc. received a $1 million Capital Magnet Fund award from the Department of the Treasury Community Development Financial Institutions Fund on February 22, 2021. The award was provided through the Capital Magnet Fund program (CFDA 21.011), which aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Funds will support financing to preserve, rehabilitate and develop affordable...
- The Housing Assistance Council received a $1.478 million Capital Magnet Fund award from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The award will support the Capital Magnet Fund program's goal of creating and preserving affordable housing for low-income families, individuals, and economically distressed communities. Through attracting private capital, the grant funds will help finance activities like the preservation and...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded a $2.25 million Project Grant to City First Enterprises Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The grant will help create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital financing. Funds will support the preservation and rehabilitation of affordable housing consistent with the Capital...
- The Department of the Treasury's Community Development Financial Institutions Fund awarded a $2.9 million Project Grant to The Affordable Housing Trust For Columbus And Franklin County on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The grant will help create and preserve affordable housing for low-income families, individuals, and economically distressed communities in the United States by attracting private capital financing. As the official description notes, the...
- The Rhode Island Housing received a $5.5 million Capital Magnet Fund award on February 22, 2021 from the Department of the Treasury Community Development Financial Institutions Fund. The funding will support the Capital Magnet Fund program, which aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities through attracting private capital for financing related to housing preservation and rehabilitation. Specifically, the grant...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Ithaca Neighborhood Housing Services Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The Capital Magnet Fund aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities by attracting private capital. Ithaca Neighborhood Housing Services Inc., doing business as Neihborworks Network, will use the grant to support financing that will preserve, rehabilitate and develop affordable housing, consistent with the Capital Magnet Fund's purpose. The $1.8 million in federal funding is expected to leverage substantial additional private investment to expand and sustain the supply of housing affordable to low-income residents in Ithaca, New York.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $1.8m | 2/22/21 |