The Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) awarded Homewise $2,478,839 to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19. As a certified Community Development Financial Institution, Homewise will use the funding to increase access to capital and financial services for underserved markets and populations. The award date was April 10, 2023 and will support Homewise's programs through March 31, 2029. As the sole recipient, Homewise will directly provide affordable housing finance and lending to strengthen communities and help create successful homeowners in New Mexico.
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