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Cornerstone, Inc.
1400 20th Street, NW, Suite G3Washington DC, 20036-5963
CDFI Awards for Cornerstone, Inc.
FA (2007) - $860,000
Cornerstone, Inc. was created in 1994 and is a certified CDFI. It offers long-term deferred payment loans and below market loans to affordable housing developers who focus on people with mental illness. Cornerstone will use its FY07 Financial Assistance grant to leverage existing capital and loan resources to help developers purchase and rehabilitate affordable housing for its target market.
Other Community Development Financial Institutions in District of Col
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FINCA USA, Inc.
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Home Depot New Markets Corp., Inc.
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Housing Assistance Council
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National Fund for Enterprise Development
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NT CDFI, Inc.
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Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
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When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
