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Greater New Haven Community Loan Fund, Inc.
New Haven CTCDFI Awards for Greater New Haven Community Loan Fund, Inc.
TA (2006) - $42,050
Greater New Haven Community Loan Fund (GNH) is a certified CDFI, established in 1987. It provides flexible financing for affordable housing and community development. GNH will use the 2006 TA grant of $42,050 to 1) obtain consulting services to undertake a market analysis; 2) purchase computer and office equipment; 3) train staff on the use of new MIS; and purchase a new MIS system.
TA (2004) - $50,000
The Greater New Haven Community Loan Fund will use the award to help obtain consulting services to conduct a market analysis; and for new computer hardware and software.
FA (2003) - $175,000
The Fund"s $175,000 award will be used as a credit enhancement for its loan programs focused on single-family and multi-family housing, multi-family rental, and emergency short-term capital for area nonprofit community-based organizations. In addition, the award will enhance GNHCLF"s ability to provide needed financial and homeownership counseling and financial literacy training for individuals and nonprofit developers. It is estimated that 100% of this award will be targeted to Hot Zones.
SECA (1999) - $45,500
GNHCLF will use the technical assistance grant for staff training an upgraded computer system and consultants to help with the development and refinement of the organization's strategic plan and future capitalization strategies.
CORE (1999) - $250,000
The CDFI Fund"s $250,000 capital grant will further capitalize GNHCLF"s loan pool, enabling the organization to expand its lending activities.
Other Community Development Financial Institutions in Connecticut
Bridgeport Neighborhood Fund, Inc.
Bridgeport
Cooperative Fund of New England
Hartford
Family Assets, LLC
Bridgeport
New Haven HomeOwnership Center, Inc.
New Haven
South Hartford Initiative
Hartford
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Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
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