Tag: CDFI

Washington, D.C. - August 8, 2012 - (RealEstateRama) -- Today, Representative David Price (NC-04) announced that three Fourth District lenders are the recipients of a total of $3.86 million in funding through the U.S. Department of the Treasury's Commu...

Washington, DC - October 30, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that French Lick Redevelopment CDE LCC has been selected to receive $50 million in allocation authority under the 2009 round of the New Markets Tax Credit (NMTC) Program administered by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund.

Loan to Florida Community Loan Fund is one of the largest of its type among community foundations. ORLANDO, FL - September 22, 2009 - (RealEstateRama) -- In response to the growing need for affordable rental housing, the Community Foundation for Palm Beach and Martin Counties http://www.yourcommunityfoundation.org announced today an unprecedented $4 million low-interest loan to the Florida Community Loan Fund (FCLF) http://www.fclf.org/ , a nonprofit statewide lending institution. This investment in affordable housing is one of the largest ever made nationwide by a community foundation to a Community Development Finance Institution[i]. The announcement took place at the Florida Housing Coalition's statewide affordable housing conference in Orlando.