The Federal Treasury’s Community Development Financial Institution Fund (CDFI Fund) has announced $7 billion in New Market Tax Credit Awards to 120 organizations nationwide. We are proud to announce that among those recipients are organizations that Fahe has partnered with successfully over the years, including one Member of the Fahe Network. We are excited because these funds will help them further their mission of creating economic growth and opportunity for the communities they serve.
Hope Enterprise Corporation: $50 Million
The Housing Partnership Network, Inc: $40 Million
Local Initiatives Support Corporation (LISC): $85 Million
Ohio Community Development Finance Fund: $65 Million
People Incorporated Financial Services: $65 Million
Find out more about the announcement on CDFI Fund website: https://www.cdfifund.gov/news-events/Pages/news-detail.aspx?NewsID=234&Category=Press%20Releases