The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $2,000,000 Capital Magnet Fund (CFDA 21.011) project grant to Home Headquarters Inc., a non-profit community development corporation based in Syracuse, New York. The grant is intended to attract financing for and increase investment in affordable housing for primarily low-income, very low-income, and extremely low-income individuals and families, as well as support certain related economic and community development activities. The planned activities involve using the competitive grant funds to provide capital to finance and support the acquisition, development, rehabilitation, and preservation of affordable rental housing and homeownership opportunities. The award has a performance period from October 15, 2024, to October 23, 2044. Home Headquarters Inc. has also received other significant federal grants, such as a $1,000,000 Capital Magnet Fund grant, an $800,000 CDFI Program grant, a $2,478,839 Equitable Recovery Program grant, and a $1.7 million Rapid Response Program grant, to support its affordable housing and community development initiatives.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $0 | 11/4/24 | ||
| Not listed | $1.0m | 10/23/24 | ||
| Not listed | $1.0m | 10/15/24 |