The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $925,433 Project Grant to Neighborhood Housing Services of the Inland Empire, Inc. under the CDFI Equitable Recovery Program (CDFI ERP, CFDA 21.033). The grant will support the awardee's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable the organization to build capacity and acquire technology, staff, and other resources necessary to accomplish CDFI ERP objectives. The CDFI ERP aims to provide grants to Community Development Financial Institutions for expanding access to capital in underserved communities hard hit by the pandemic. This award will help the awardee deliver financial products and services to minority and other borrowers with unmet needs in the Inland Empire region of California through December 2028.
Generated 2/6/24, 9:26 AM