Project Grant 231CM062568G

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 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...

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'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 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 Connecticut Housing Finance Authority (CHFA) was awarded a $2,000,000 Project Grant from 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 is intended to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals and families nationwide. CHFA, a state government entity and housing finance agency, will use the funds to create and...

The federal Project Grant award with ID 241CM066008G was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund through the Capital Magnet Fund (CFDA 21.011) program. The $6,750,000 grant, awarded on October 23, 2024, will be used by the Foundation For Affordable Rental Housing Holdings Inc. to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals and families in the United States. The...

The Corporation for Supportive Housing (CSH) 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. The grant will support CSH in increasing private investment in affordable housing for low-income individuals and families through competitive subawards from June 2022 through December 2025. Specifically, CSH will use the funding to finance the acquisition, development, rehabilitation,...

The Department of the Treasury Community Development Financial Institutions Fund awarded a $24 million Project Grant to Community Builders Inc. under the Capital Magnet Fund program. Through this award, Community Builders will provide financing and support for affordable housing and related economic development activities that benefit low-income individuals and families. Specifically, the organization will use the funding to attract private investment towards acquiring, developing,...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $4,500,000 Capital Magnet Fund (CFDA 21.011) grant to the Florida Community Loan Fund, a minority-owned non-profit CDFI, to finance affordable housing solutions and community revitalization efforts in low-income communities nationwide. The 20-year grant will enable the organization to provide loans, financial services, and development assistance to extremely low-, very low-, and low-income...