CSH Receives Top Level Award from the CDFI Fund

Yesterday the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 185 organizations more than $195 million through the fiscal year 2014 rounds of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program. These awards will enable CDFIs and Native CDFIs across the country to increase their lending and investments in low-income and economically distressed communities.

CSH is honored that the Fund awarded us the top level of funding ($2 million) to advance our work in investing in supportive housing to improve the lives of the most vulnerable people nationally. It will support our offering predevelopment, acquisition, construction, and mini-permanent financing which is specifically tailored to the supportive housing industry’s needs. Further, it will allow CSH to attract more funds, make more investments, and lend in more sites. More information on the CDFI awards is available here.

Find out more about our supportive housing investments.

Copyright 2022 ©  by CSH. All Rights Reserved