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Clearinghouse CDFI Deploys $100 Million through U.S. Treasury Bond Program

Clearinghouse Community Development Financial Institution (CDFI) announced today that it has successfully deployed $100 million in financing to low- to moderate-income communities through the United States Treasury Department’s CDFI Bond Guarantee Program (BGP) program. Clearinghouse CDFI is the first bond recipient to reach the $100 million milestone. Opportunity Finance Network (OFN) served as the Qualified Issuer of the bond, which was closed in August of 2014

PRICE ANNOUNCES DURHAM LENDERS RECEIVE $3.86M FOR COMMUNITY AND ECONOMIC DEVELOPMENT

Washington, D.C. - August 8, 2012 - (RealEstateRama) -- Today, Representative David Price (NC-04) announced that three Fourth District lenders are the recipients of a total of $3.86 million in funding through the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund. Durham based Latino Community Credit Union and Self-Help Federal Credit Union will both receive an award of $1,453,806 through the fund. The Support Center, also based in Durham, will receive a $953,806 award

RI Non-Profit Wins $81,000 Community Development Grant

PROVIDENCE, RI - August 8, 2012 - (RealEstateRama) -- Capital Good Fund (CGF), a non-profit financial services organization based in Providence, will receive an $81,273 Community Development Financial Institutions Technical Assistance grant to help rev...

NeighborWorks America Brings More Than 2,000 Community Development Professionals to New Orleans to Take...

New Orleans, LA - May 4, 2012 - (RealEstateRama) -- Today NeighborWorks America, the country’s preeminent leader in affordable housing and community development, announced it will hold its quarterly Training Institute in downtown New Orleans May 7-May 11, 2012. The weeklong event will provide training to more than 2,000 affordable housing and community development professionals from around the country. The Training Institute is expected to deliver an estimated $1.6 million in economic impact citywide. In addition, NeighborWorks America is partnering with HOPE Now and the U.S. Department of the Treasury on a homeowner outreach event.

NeighborWorks America Names New Regional Directors

Washington, D.C. - April 13, 2011 - (RealEstateRama) -- NeighborWorks® America, one of the nation’s largest community development corporations, today named Deborah Boatright and John Santner, Directors for the Northeast Region and Midwest Region, respectively. Each Regional Director will oversee two District offices – the Great Lakes and North Central Districts in the Midwest Region and the Northeast and New England districts in the Northeast Region. The move is intended to increase the efficiency of NeighborWorks America and enhance the corporation’s ability to meet the needs of its network of award winning, locally-based community development nonprofit businesses. Santner formerly was District Director for the NeighborWorks America North Central District, while Boatright formerly was District Director for the corporation’s Northeast District

Business Real Estate Press Releases

Revive_Vision_Screenshot Sept 2024Sept 2024

Revive Makes AI-Powered Property Valuation Tools Freely Accessible to All

What if you could see your home’s future value after making the right improvements? For the first time, presale renovation leader Revive is making this possible by offering free access to its AI-

Recent Gov & Nonprofit Real Estate Press Releases

POAH Acquires 94 Senior Affordable Apartments in Southeast MA and Cape...

Preservation of Affordable Housing (POAH) has acquired two senior affordable housing properties in very desirable Massachusetts communities that are vulnerable to increasing housing costs: Northside Village in Dennis and Westport Village in Westport.