The Housing Partnership Fund, Inc. received a $3.7 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide loans, investments, and financial services to expand lending and grant-making activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funded activities will build the capacity of community partners through December 2028 to develop affordable housing, revitalize neighborhoods, and empower low-income individuals through homeownership and asset-building opportunities. The grant objectives align with the CFDA program's purpose to support Community Development Financial Institutions in responding to economic impacts of the public health emergency by expanding access to capital and financial assistance in underserved communities.
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