The Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded Community Housing Capital, Inc. a $4,957,678 project grant under the CDFI Equitable Recovery Program (CDFI ERP, CFDA #21.033). Through this award, Community Housing Capital will expand lending, grantmaking, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the organization will provide $4.9M in affordable housing loans, small business loans, and loan loss reserves to enable increased lending and financial services for underserved populations through September 2028. As a certified Community Development Financial Institution, Community Housing Capital furthers community and economic development goals in vulnerable areas by preserving affordable housing and supporting small businesses through this CDFI ERP funding.
Generated 2/6/24, 7:04 AM