This federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the Capital Magnet Fund (CFDA 21.011) program, provides $15,000,000 to Cinnaire Lending Corporation, a certified community development financial institution (CDFI), to finance and support affordable housing and related economic development activities. The key products and services to be delivered through this 20-year award include: 1) attracting private...
The National Community Investment Fund (N CIF) was awarded a $1.826 million Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year grant, awarded June 15, 2021, will support N CIF's ability to respond to the economic impacts of the coronavirus pandemic by providing loans and other financial assistance to community...
Forward Community Investments, Inc. received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The award period is from June 15, 2021 through December 31, 2023 and will support Forward Community Investments' ability to respond to the economic impacts of the coronavirus pandemic on its communities. As a Community Development Financial Institution,...
Partner Community Capital, Inc., doing business as Ncif, was awarded a $1,826,265 Project Grant from the 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 grant will support Ncif's ability to provide financing and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic from June 2021 through December...
The Cincinnati Development Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the Cincinnati Development Fund's ability to respond to the economic impacts of the coronavirus through March 31, 2024. As the name implies, the Community Development Financial Institutions Rapid Response Program provides flexible funding to CDFIs, such as the...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $972,000 Project Grant to The Community Economic Development Fund I. Llc through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023 to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus pandemic. Specifically, the funding will allow the...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.8 million Project Grant to Community Redevelopment Loan And Investment Fund, Inc. on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program. The grant will support Community Redevelopment Loan & Investment Fund Inc.'s ability to provide financial and technical assistance to communities and businesses impacted by the economic effects of the COVID-19...
The Reinvestment Fund, Inc. received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 2021 through December 2023 to support the ability of Community Development Financial Institutions to address the economic impacts of the coronavirus pandemic. Through this funding, The Reinvestment Fund will provide loans,...
Community Neighborhood Housing Services (CNHS) was awarded a $1,826,265 Project Grant from the 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 award will support CNHS's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and other services from June 2021 through September 2023. The CDFI RRP aims to bolster Community...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.8 million Project Grant to Community Reinvestment Fund, Inc. on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year grant will support Community Reinvestment Fund's ability to respond to the economic impacts of the coronavirus pandemic by providing lending and other financial products and services through June...