The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $9,000,000 Project Grant on October 15, 2024 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 primarily for low-income, very low-income, and extremely low-income individuals and families, as well as support related economic and community development activities. The grantee, Midwest Housing...
The $550,000 federal Project Grant awarded on September 26, 2024 by the U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund (CFDA 21.020) is intended to promote economic revitalization and community development. The funding will provide financial assistance to Habitat Omaha Affordable Mortgage Solutions, Inc., a non-profit organization, to build their financial capacity to deliver affordable financial products and services to low-income and underserved...
The Midwest Housing Development Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus through December 31, 2023. Through this funding, Midwest Housing Development Fund, Inc. will provide services to support, prepare for, and...
The federal Project Grant award of $1,250,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program was provided to the Midwest Minnesota Community Development Corp (MMCDC), a non-profit organization and certified CDFI. The funding is intended to promote economic revitalization and community development by building the financial capacity of MMCDC to deliver financial products, financial services, development services, loan loss reserves, and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 Project Grant to Community Development Resources, a non-profit CDFI located in Lincoln, Nebraska. The grant, awarded on November 21, 2024, is intended to promote economic revitalization and community development by building the organizational capacity of Community Development Resources to serve low-income and underserved populations across the nation that lack adequate access to...
This Project Grant award of $350,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) to The Louisville Housing Opportunities & Micro-Enterprise Community Development Loan Fund Inc., a non-profit CDFI, on September 26, 2024. The funding will be used to support the organization's efforts to promote economic revitalization and community development in underserved communities through financial products, financial...
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 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 $1,250,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program to Habitat for Humanity of Minnesota, Inc. is intended to promote economic revitalization and community development through financial assistance to CDFIs. The grant funding must be used by the CDFI recipient for financial products, financial services, development services, loan loss reserves, and capital reserves to build their capacity to lend to eligible...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $800,000 Project Grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. The grant, awarded on September 26, 2024, is intended to promote economic revitalization and community development by providing financial and technical assistance to the CDFI. The funding will be used by the Center For Rural Affairs Community Capital to...