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...
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...
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 $5.625 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Capital Magnet Fund program. The grant will support the Housing Assistance Council in attracting private investment to finance affordable housing and related economic development activities that benefit low-income individuals and families. Through competitive grants, the Capital Magnet Fund provides capital to finance and...
The Department of the Treasury Community Development Financial Institutions Fund awarded a $1.25 million Project Grant to Tohono O'Odham Ki-Ki Association on February 22, 2021 under the Capital Magnet Fund program. The Capital Magnet Fund program (CFDA 21.011) helps create and preserve affordable housing for low-income families, individuals and economically distressed communities by attracting private capital. Tohono O'Odham Ki-Ki Association will use the grant to support financing that will...
The Clearinghouse Community Development Financial Institution received a $2 million Capital Magnet Fund award 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 and economically distressed communities through attracting private capital for financing. Under this Project Grant, Clearinghouse will use the funds to support financing that...
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 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...
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 Department of the Treasury's Community Development Financial Institutions Fund awarded a $1,950,000 Project Grant to the Tohono O'Odham Ki:ki Association through the Capital Magnet Fund program. The Capital Magnet Fund program aims to increase private investment in affordable housing and related economic development activities that benefit low-income individuals. Under this award, Tohono O'Odham Ki:ki Association will use the grant funding to attract private capital through competitive...