CDFI Fund Awards NeighborWorks Capital

In a competitive funding round, where applicants requested more than three times the amount available, NeighborWorks Capital was successful to receive a grant award for the sixth time from the U.S. Treasury's CDFI Fund.

NeighborWorks Capital (NC) is pleased to be selected once again to receive a grant award from the U.S. Treasury’s CDFI Fund. This year NC was awarded $826,905 from their Financial Assistance program. Our primary request for these funds is to expand and leverage capital to provide mezzanine financing to our customers. NC has received over $7 million in capital grants and matching funds used as flexible lending capital to meet pressing housing needs in communities of persistent poverty.