The Low Income Investment Fund (LIIF), doing business as Liif, was awarded a $1,826,265 project grant from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). The grant was awarded under the CDFI Fund's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021 for a two-year period concluding on June 30, 2023. The CDFI RRP grant will support LIIF's ability to respond to the economic impacts of the coronavirus...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $9,000,000 Capital Magnet Fund (CFDA 21.011) project grant to the Low Income Investment Fund (LIIF), a certified CDFI, on October 15, 2024. The grant aims to attract financing for and increase investment in affordable housing, primarily for low-income, very low-income, and extremely low-income individuals and families, as well as support related economic and community development...
This Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will be used by the awardee, Local Initiatives Support Corporation (LISC), to provide CDFIs with financial products, financial services, development...
The Low Income Investment Fund (LIIF) received a $4.5 million Capital Magnet Fund award from the Department of the Treasury's Community Development Financial Institutions Fund on February 22, 2021. The Capital Magnet Fund program (CFDA 21.011) aims to attract private capital to create and preserve affordable housing for low-income families and economically distressed communities. LIIF will use this funding to support financing that preserves and rehabilitates affordable housing through...
The U.S. Department of Education's Office of Elementary and Secondary Education awarded a $12,000,000 Project Grant under the Credit Enhancement for Charter School Facilities program (CFDA 84.354) to the Low Income Investment Fund (LIIF), a leading national community development financial institution (CDFI). The grant will assist LIIF in leveraging private sector capital to enhance the availability of loans and bond financing for charter schools, enabling them to acquire, construct, renovate, or...
This Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, CFDA 21.020, is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will be used by the awardee, Local Enterprise Assistance Fund Inc. (LEAF), a non-profit organization located in Boston, Massachusetts, to provide financial...
The $1,250,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program, with an award date of September 26, 2024, will enable Community Health Center Capital Fund Inc., a woman-owned non-profit CDFI, to deliver financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved communities across the United States. The goal of this funding is to build the...
This Project Grant award of $350,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to The Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc., a non-profit CDFI, on September 26, 2024. The funding will be used to support the organization's efforts to promote economic revitalization and community development in underserved communities through financial products, financial...
This Project Grant award of $1,285,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development through investment in and financial assistance to Community Development Financial Institutions (CDFIs). The funding will support the Housing Assistance Council, a non-profit community development corporation, in delivering a range of financial products, financial...
This $300,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to promote economic revitalization and community development by building the organizational capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services, travel, training, equipment, and supplies to help these CDFIs expand their ability to provide...