The Project Grant award, with a total funding amount of $2,250,000.00, 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. This grant was awarded on October 23, 2024 to Resource Housing Group, Inc., a non-profit organization, to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals and families, as well as low-income communities...
The federal Project Grant award of $1,500,000.00 was provided by the 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 non-profit awardee, The Housing Partnership Fund, Inc., to finance affordable housing solutions and community revitalization efforts that benefit low-income individuals and families nationwide. Specifically, the funding will support the organization's activities...
The federal Project Grant award of $9,000,000 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 is intended to support Community Housing Partners Corp, a non-profit community development organization, in financing affordable housing solutions and community revitalization efforts that benefit low-income individuals and families nationwide over a 20-year performance period...
The federal Project Grant award of $5,250,000.00 was provided by the Community Development Financial Institutions (CDFI) Fund to the Corporation for Supportive Housing (CSH) under the Capital Magnet Fund (CFDA 21.011) program. The grant will support CSH's efforts to create and preserve affordable housing solutions and community revitalization initiatives that benefit low-income individuals and families nationwide. Over the 20-year performance period from October 2024 to October 2044, CSH will...
The federal Project Grant award of $4,500,000.00 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 was awarded to Community Builders Inc., a non-profit organization specializing in affordable housing development and community revitalization efforts across the United States. The funding will be used by Community Builders Inc. to finance affordable housing solutions and...
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 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 Project Grant award in the amount of $4,500,000.00 was provided by the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Capital Magnet Fund (CFDA 21.011) program. The award was granted to Impact Development Fund, a non-profit Community Development Financial Institution and Community Development Corporation based in Loveland, Colorado. The funding is intended to finance affordable housing solutions and community revitalization efforts that...
The federal Project Grant award in the amount of $7,500,000.00 was provided by the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Capital Magnet Fund (CFDA 21.011) program. This grant will enable the recipient, Cinnaire Lending Corporation, a nonprofit community development financial institution (CDFI), to finance affordable housing development, preservation, and rehabilitation initiatives that benefit low-income individuals and families in...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $6,750,000 Capital Magnet Fund (CFDA 21.011) grant to The Community Development Trust, LP on October 23, 2024. This Project Grant will support the organization's efforts to finance affordable housing development, preservation, and rehabilitation projects that benefit low-income individuals and families across the United States. As a certified CDFI, The Community Development Trust...