Capital magnet fund award
Project Grant Awarded
- Award ID
- 201CM055270G
- Recipient
-
Mission First Housing Development Corporation UEI JUDHKLTT2JN4
- Awarding agency
-
Community Development Financial Institutions Fund
Department of the Treasury
- Obligated
- $4,800,000
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 Mission First Housing Development Corporation $4.8 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. Mission First will use the award to support financing that will preserve and rehabilitate affordable housing consistent with the program's purpose of attracting private investment to expand the supply of housing for low-income residents.
Quick answers
Who received award 201CM055270G?
201CM055270G was awarded to Mission First Housing Development Corporation by Community Development Financial Institutions Fund (Department of the Treasury) on February 22, 2021.
How much is award 201CM055270G worth?
$4,800,000 has been obligated on 201CM055270G.
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