Habitat for Humanity of Dane County was one of the 397 Community Development Financial Institutions (CDFIs) across the nation awarded funding from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The organization received $650,000 to increase lending and investment activity in low-income and economically distressed communities in Dane County.
Specifically, Habitat will use its funding for families that fall between 30% to 60% of the county’s median household income and that are unable to qualify for most traditional financing. The CDFI Program invests in low-income families and communities lacking adequate access to affordable financial products and services. Nationally, awards total more than $204 million.
