The Network for Oregon Affordable Housing (Noah) received a $1.826 million project grant award from the U.S. Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024).
The two-year award running from June 2021 through June 2023 will support Noah's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic on low-income communities in Oregon. As a Community Development Financial Institution, Noah utilizes financing and development strategies to provide affordable housing and promote community development. The CDFI RRP funding will allow Noah to deliver programs and services to address the needs of low-income people affected by the pandemic.
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