Housing assistance non-profit gets $1M
Funding Partners for Housing Solutions Inc. received a $1 million investment from the US Treasury Department’s Community Development Financial Institution to fund the non-profit organization’s affordable housing loan programs.
The investment will come in the form of a $400,000 grant and a $600,000 10-year loan with no interest. Based in Fort Collins, Funding Partners provides down payment assistance to first-time homebuyers, low-interest flexible-term loans to affordable housing developers and assistance to other non-profit organizations seeking affordable housing.
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Funding Partners for Housing Solutions Inc. received a $1 million investment from the US Treasury Department’s Community Development Financial Institution to fund the non-profit organization’s affordable housing loan programs.
The investment will come in the form of a $400,000 grant and a $600,000 10-year loan with no interest. Based in Fort Collins, Funding Partners provides down payment assistance to first-time homebuyers, low-interest flexible-term loans to affordable housing developers and assistance to other non-profit organizations seeking affordable housing.
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