Fahe Partners Receive a Total of $305 Million to Revitalize Economic and Community Development

Community Development, Economic Opportunity, National | November 18, 2016

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/234