Capital magnet fund award
Project Grant Awarded
- Award ID
- 201CM055152G
- Recipient
-
Preservation Of Affordable Housing, Inc. UEI RESKNQ3RBA54
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $8,000,000
Award facts
- Assistance listing
- 21.011 Capital Magnet Fund
- Completion date
- Not on record
- Place of performance
- United States
Award details come from USAspending.gov.
About this award
The Department of the Treasury's Community Development Financial Institutions Fund awarded an $8 million Project Grant to Preservation of Affordable Housing, 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. Preservation of Affordable Housing, Inc. will use the grant to support financing that will preserve, rehabilitate, and develop affordable housing, consistent with the Capital Magnet Fund's goal of leveraging private funds for affordable housing initiatives that benefit underserved people and neighborhoods.
Quick answers
Who received award 201CM055152G?
201CM055152G was awarded to Preservation Of Affordable Housing, Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on February 22, 2021.
How much is award 201CM055152G worth?
$8,000,000 has been obligated on 201CM055152G.
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