To provide supplemental funding to cdfi FA and naca FA award recipients, for these certified community development financial institutions (cdfis) to provide financing activities to support healthy…

Active Project Grant Awarded

Award ID
231HF064456G
Recipient
Awarding agency
Obligated
$1,350,000

Award facts

Assistance listing
21.020 Community Development Financial Institutions Program
Completion date 63% complete
Place of performance
United States

Award details come from USAspending.gov.

Description

To provide supplemental funding to cdfi FA and naca FA award recipients, for these certified community development financial institutions (cdfis) to provide financing activities to support healthy food retail outlets and healthy food non retail outlets, that expand the availability of healthy foods in underserved areas. Planned activities: hffi financial assistance must be used for financial products, development services, loan loss reserves, and capital reserves (regulated institutions only), in the recipient's approved target market. End goals: the goal of the hffi financial assistance is to expand the availability of healthy foods in underserved areas, particularly the availability of healthy food retail outlets in areas designated as low income, low access food areas. Beneficiaries: profit organization, private nonprofit institution/organization, other private institution/organization investment areas and targeted populations, as defined in 12 C.F.R. 1805. Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason/purpose of modification: not applicable.

Quick answers

Who received award 231HF064456G?

231HF064456G was awarded to Enterprise Community Loan Fund Inc. by Community Development Financial Institutions Fund (Department of the Treasury) on September 26, 2024.

How much is award 231HF064456G worth?

$1,350,000 has been obligated on 231HF064456G.

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