The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $3,000,000 Capital Magnet Fund (CFDA 21.011) project grant to The Housing Partnership Fund, Inc., a non-profit community development financial institution located in Boston, Massachusetts. The purpose of the grant is 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...
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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 Project Grant to Cape & Islands Community Development, Inc. on September 26, 2024. The grant funds are to be used by the non-profit community development corporation to promote economic revitalization and community development through investment in and financial assistance to CDFIs. Specifically, the grant requires the funds to be used for financial products, financial...
The Community Development Financial Institutions (CDFI) Program, administered by the U.S. Department of the Treasury, awarded a $300,000 Project Grant to Hias Economic Advancement Fund Inc. on November 21, 2024. The purpose of this grant is to promote economic revitalization and community development through technical assistance to build the organizational capacity of certified and emerging CDFIs. The funding will support eligible activities such as personnel compensation, professional services,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant on November 21, 2024 to Developing Affordable Starter Homes Fund, LLC to promote economic revitalization and community development through technical assistance. The goal of the funding is to build the organizational capacity of certified and emerging CDFIs to serve low-income people and communities that lack adequate access to affordable financial products and...
The federal Project Grant award of $300,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the CDFI Program (CFDA 21.020). The funding will be used by the non-profit awardee, Homeworks Community Lending, LLC, to promote economic revitalization and community development through technical assistance to build the capacity of Community Development Financial Institutions (CDFIs) and emerging CDFIs. The planned activities include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $1,285,000 Project Grant to Sustainable Neighborhoods LLC on September 26, 2024. The purpose of this grant is to promote economic revitalization and community development through financial assistance to CDFIs. The funding must be used by Sustainable Neighborhoods LLC for financial products, financial services, development services, loan loss reserves, and capital reserves in order to build...
The federal Project Grant award of $1,350,000.00 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to the National Housing Trust Community Development Fund, a non-profit organization and certified CDFI. The purpose of the award is to promote economic revitalization and community development through investment in and financial assistance to CDFIs. The funding will be used by the National Housing Trust Community...
The Community Development Financial Institutions (CDFI) Program, a federal grant initiative administered by the U.S. Department of the Treasury (CFDA 21.020), awarded a $800,000 Project Grant to Community Housing Capital, Inc., a certified CDFI based in Decatur, Georgia. The funding will enable Community Housing Capital to provide financial products, financial services, development services, loan loss reserves, and capital reserves to low-income and underserved populations, with the goal of...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to The Virginia Community Development Fund, Inc. on September 26, 2024. The grant funds will be used to promote economic revitalization and community development through investment in and financial assistance to the recipient, a non-profit community development financial institution (CDFI). The funding will enable The Virginia Community Development Fund, Inc. to...