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BCC Awarded $3.75 Million In Grant Capital By The CDFI Fund

Wednesday, September 28, 2016

The CDFI Fund of the U.S. Department of Treasury has announced that Boston Community Capital has been awarded $3.75 million in grant funding to support lending that expands access to housing, healthy foods, education, quality jobs, and other opportunities.

Boston Community Loan Fund was awarded a $1.75 million Financial Assistance award to leverage additional investment in nonprofits and community organizations along with a $2 million Healthy Food Financing Initiative award to create access to fresh, healthy foods in low-income neighborhoods and food deserts. 

Over 450 applications were submitted for these funds, with 158 receiving funding. Boston Community Capital congratulates its fellow awardees! 

Read more about the CDFI Program and list of awardees online at the CDFI Fund's website.