Housing
Ended Project Grant Awarded Last action
- Award ID
- ARC24C21733
- Recipient
-
Federation Of Appalachian Housing Enterprises Inc. UEI VD76PVC2LM17
- Awarding agency
- Appalachian Regional Commission
- Obligated
- $466,000
Award facts
- Assistance listing
- 23.002 Appalachian Area Development
- Completion date
- Funding
-
- $326,000.00 Federal
- $140,000.00 Non-federal
- Place of performance
- North Carolina, USA
Award details come from USAspending.gov.
About this award
The Appalachian Regional Commission (ARC) awarded a $466,000 Project Grant under the Appalachian Area Development program (CFDA 23.002) to the Federation of Appalachian Housing Enterprises Inc. (Fahe), a non-profit community development corporation based in Berea, Kentucky. This grant, with a project period from September 1, 2024 to August 31, 2025, will support Fahe's efforts to provide affordable housing, community development, and economic stimulus across the Appalachian region. As a certified Community Development Financial Institution (CDFI), Fahe leverages federal funding to deliver financial products, services, investments, and support to underserved rural and urban areas in Appalachia. The grant award contributes to ARC's strategic objectives of strengthening regional economies, improving education and skills, investing in critical infrastructure, and developing local leadership capabilities.
Quick answers
Who received award ARC24C21733?
ARC24C21733 was awarded to Federation Of Appalachian Housing Enterprises Inc. by Appalachian Regional Commission on September 1, 2024.
How much is award ARC24C21733 worth?
$466,000 has been obligated on ARC24C21733: $326,000 in federal funding and $140,000 in non-federal funding.
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