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Charlotte-Mecklenburg Housing Partnership, Inc.
Charlotte NCCDFI Awards for Charlotte-Mecklenburg Housing Partnership, Inc.
FA (2003) - $500,000
The Fund"s $500,000 award will enable CMHP to expand its Individual Development Accounts (IDA) program, which is focused on helping customers save and prepare for homeownership; and to increase the volume of its secondary mortgage product - Home Sweet Loan, a product designed to combat predatory lenders. Approximately 55% of this award will be targeted to Hot Zones.
CORE (2001) - $700,000
The CDFI Fund"s grant of $700,000 will be used by CMHP to finance second mortgages to enable more low-income families to become homeowners.
CORE (1999) - $1,100,000
The CDFI Fund"s $1,100,000 capital grant will help expand the volume of the organization"s second mortgage products, establish a cash reserve that will enable the organization to sell its second mortgage loans on the secondary market, and support a new Individual Development Account (IDA) program to help low-income individuals build assets and increase economic self sufficiency.
SECA (1998) - $25,000
The CDFI Fund"s $25,000 grant will enable CMHP to develop a marketing strategy for reaching these populations, train staff members in working effectively with non-English speakers, and develop loan tracking and portfolio management systems.
Other Community Development Financial Institutions in North Carolina
CAHEC New Markets, LLC
Raleigh
Chatham-Lee Credit Union
Pittsboro
College Heights Credit Union
Fayetteville
Lumbee Tribe of North Carolina
Pembroke
MAY Coalition, Inc.
Spruce Pine
Metropolitan Community Credit Union
Washington
School Workers Federal Credit Union
CHARLOTTE
Self-Help Credit Union
Durham
Self-Help Ventures Fund
Durham
South East Community Credit Union
Wilmington
Tri County Credit Union
Ahoskie
Victory- Masonic Mutual Credit Union
Winston-Salem
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