Project Grant 231CM062531G

The Corporation for Supportive Housing received a $5.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The grant was provided through the Capital Magnet Fund program (CFDA 21.011), which aims to create and preserve affordable housing for low-income families and economically distressed communities by leveraging private capital investments. With this award, the Corporation for Supportive Housing will...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $5,062,500 Capital Magnet Fund (CFDA 21.011) grant to the San Francisco Housing Accelerator Fund (SFHAF), a certified CDFI, on October 23, 2024. This 20-year project grant will be used by SFHAF to finance affordable housing development, preservation, and rehabilitation projects that benefit low-income families and individuals in underserved urban and rural communities across the United...

The Foundation For Affordable Rental Housing Holdings Inc. was awarded a $12 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Capital Magnet Fund program (CFDA 21.011). The grant will support the Foundation's efforts to attract private financing and increase investment in affordable housing for low-income, very low-income, and extremely low-income individuals and families. Through competitive subgrants, the Foundation will...

The Community Development Trust, LP, a certified Community Development Financial Institution (CDFI), was awarded a $6,750,000 Capital Magnet Fund (CFDA 21.011) grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on October 23, 2024. This project grant will be used to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals, families, and communities nationwide. The funding is intended to...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $12 million Project Grant to the National Housing Trust Community Development Fund through the Capital Magnet Fund program. The grant will support the creation and preservation of affordable housing for low-income individuals and families through increased private investment in acquisition, development, rehabilitation, and preservation of affordable rental and homeownership housing. Activities will be...

Community Housing Capital, Inc. was awarded a $2.5 million Capital Magnet Fund grant from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The Capital Magnet Fund program aims to create and preserve affordable housing for low-income families, individuals, and economically distressed communities through attracting private capital for financing preservation and rehabilitation. Under this award, Community Housing Capital will use the funds...

The Department of the Treasury Community Development Financial Institutions Fund awarded a $12 million Project Grant to Beneficial State Bancorp, Inc. under the Capital Magnet Fund program (CFDA 21.011). The grant will support the creation and preservation of affordable housing for low-income individuals and families through June 2025. Through competitive subawards, the Capital Magnet Fund provides capital to finance affordable housing acquisition, development, rehabilitation and homeownership...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $2.25 million Project Grant to City First Enterprises Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The grant will help create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital financing. Funds will support the preservation and rehabilitation of affordable housing consistent with the Capital...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $3.75 million Project Grant to Habitat for Humanity International Inc. on February 22, 2021 under the Capital Magnet Fund program (CFDA 21.011). The grant will support the creation and preservation of affordable housing for low-income families and economically distressed communities by attracting private capital financing. Specifically, the Capital Magnet Fund award will help finance the preservation and...

The federal Project Grant award of $1,500,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Capital Magnet Fund (CFDA 21.011) program. The grant will be used by the awardee, The Housing Partnership Fund, Inc., a non-profit CDFI, to finance affordable housing development, preservation, and rehabilitation activities that benefit low-income individuals and families nationwide. The funding will support the organization's...