Treasury Officials, Congresswoman Lee Announce $80 Million in Awards for Affordable Housing

Oakland, CA – October 19, 2010 – (RealEstateRama) — Speaking today alongside Congresswoman Barbara Lee, the Director of the US Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), Donna J. Gambrell, and the Deputy Assistant Secretary for Small Business, Community Development and Housing Policy, Don Graves, Jr., announced $80 million in awards for the development of affordable housing in low-income communities at an event today in Oakland, California. Held at St. Joseph’s Senior and Family Housing, a historic landmark currently undergoing rehabilitation as an expanded affordable housing development, the event celebrated the 23 Community Development Financial Institutions (CDFIs) and nonprofit organizations that received awards