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 funding is intended to attract private capital investment and increase the availability of affordable rental housing and homeownership opportunities for low-income, very low-income, and extremely low-income individuals and families. The grantee, Impact Development Fund, is a...
The federal Project Grant award for $9,000,000 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 Mission First Housing Development Corporation, a nonprofit organization focused on creating and preserving affordable housing solutions for low-income individuals and families nationwide. The funding will be used to attract private capital investment and support...
This federal Project Grant award of $10,500,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Capital Magnet Fund (CFDA 21.011) program aims to attract private investment and increase affordable housing for low-income, very low-income, and extremely low-income individuals and families. The grant will enable the non-profit awardee, Corporation for Supportive Housing, to finance the acquisition, development, rehabilitation, and...
The federal Project Grant award of $4,500,000 was provided by the Community Development Financial Institutions (CDFI) Fund, administered under the Capital Magnet Fund (CFDA 21.011) program. The purpose of the grant is 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 to support certain related economic and community development activities. The grant recipient, Resource...
This federal Project Grant award of $6,750,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Capital Magnet Fund (CFDA 21.011) program is intended to attract private investment and increase affordable housing for low-income, very low-income, and extremely low-income individuals and families. The funding will support the acquisition, development, rehabilitation, and preservation of affordable rental housing and homeownership...
The federal Project Grant award, with ID 241CM065979G, 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 $9,000,000.00 grant is intended to attract private investment and increase affordable housing solutions for low-income, very low-income, and extremely low-income individuals and families. The prime recipient, National Church Residences, is a non-profit organization that...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $6,750,000 Capital Magnet Fund (CFDA 21.011) Project Grant to Wakeland Housing & Development Corp on October 15, 2024. The purpose of the grant is 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 federal Project Grant award of $13,500,000 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 attract private investment and increase the supply of affordable rental housing and homeownership opportunities for low-income, very low-income, and extremely low-income individuals and families. The award recipient, the Rural Community Assistance Corporation...
This federal Project Grant award, 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, is intended to attract financing and increase investment in affordable housing for primarily low-income, very low-income, and extremely low-income individuals and families. The $13,500,000 grant will be used by the recipient, Foundation For Affordable Rental Housing Holdings Inc., to finance the...
This $13,000,000 federal Project Grant was awarded on October 15, 2024 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 grant is intended to attract private financing and increase investment in affordable housing for low-income, very low-income, and extremely low-income individuals and families. The funding will support the acquisition, development, rehabilitation, and preservation of...