Community Housing Capital (CHC) is proud to have been selected to received $650,000 from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). This highly competitive award is presented to CDFI’s with highly-effective programs offering affordable financial products and services that meet the unique needs of economically underserved communities. CHC will use its award to increase lending activity in low-income and economically distressed communities across the nation and to facilitate the work of the nonprofit affordable housing developers of the NeighborWorks network. These organizations acquire and stabilize affordable multifamily rental housing and create and preserve single-family housing for low-income families and seniors.
Congratulations to the 230 CDFIs that received $127 million for the FY 2020 Base Financial Assistance (FA) Award. The FY 2020 FA Awards focused on CDFIs that demonstrated the extent to which their activities will expand or provide new products and services. CHC also received $565,000 from the CDFI Fund in FY 2019.
View the CDFI Fund FY 2020 Award Book
View the CDFI Fund Press Release
View our Digital 20-Year Anniversary Report