The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program has awarded a $2,250,000 Project Grant to the San Francisco Housing Accelerator Fund (SFHAF). The CDFI Program uses monetary awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization. This grant will enable SFHAF, a certified CDFI, to provide financing and development services to increase the availability of affordable housing in San Francisco's low- and moderate-income communities. The grant aims to strengthen SFHAF's ability to deliver financial products and development services that expand affordable housing options for underserved populations. SFHAF has received multiple prior CDFI Fund grants totaling $7.7M to support its affordable housing initiatives.
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