Affordable Housing Trust of Columbus and Franklin County (AHT) and Finance Fund Capital Corporation (FCap), both Ohio-based community development financial institutions (CDFIs) recently won Capital Magnet Fund Awards from the U.S. Department of Treasury. The awards are competitive grants to CDFIs and non-profit housing organizations and are used to create and preserve affordable housing and revitalize distressed communities. AHT won a $2.9 million award and FCap a $1.5 million award. The two winning Ohio CDFIs competed against 137 other organizations to be among the 48 nationally to receive awards.
GOPC congratulates Affordable Housing Trust of Columbus and Franklin County and Finance Fund Capital Corporation for their great work in the state of Ohio!
For more information on this award, click here.