|
Post by bot on Oct 28, 2013 17:58:46 GMT -5
CDFI Program Overview
Through the CDFI Program, the CDFI Fund invests in and builds the capacity of CDFIs to serve low-income people and communities lacking adequate access to affordable financial products and services. The CDFI Fund invests in certified CDFIs by awarding Financial Assistance awards to applicants who have demonstrated the financial and managerial capacity to provide financial products and services to a low-income target market and to leverage additional resources effectively. Through Technical Assistance grants, the CDFI Fund enables certified CDFIs and emerging entities working toward certification to build their capacity as lending institutions.
In FY 2014, the Healthy Food Financing Initiative will serve as a supplemental funding opportunity under the CDFI Program for eligible CDFIs that express an interest in expanding their healthy food-focused financing activities and are selected to receive Financial Assistance awards under the FY 2014 round of the CDFI Program.
|
|