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Chattanooga Neighborhood Enterprise, Inc.
1301 Market Street, Suite 100Chattanooga TN, 37402-4455
CDFI Awards for Chattanooga Neighborhood Enterprise, Inc.
FA (2007) - $960,000
Established in 1986, Chattanooga Neighborhood Enterprise (CNE) is a certified CDFI. It provides second mortgages, home improvement loans, education, and counseling to low-income residents in an effort to curb predatory lending in its target market. CNE will use the FY07 Financial Assistance award to increase lending in its second mortgage portfolio. It will use the FY07 Technical Assistance grant to hire an outreach and loan counselor who will assist help low-income households become homeowners.
CORE (2000) - $2,000,000
The CDFI Fund"s $2,000,000 capital grant will support the growth of the organization"s lending and its technical assistance activities for borrowers and potential borrowers. The CDFI Fund"s award is one of the first CDFI Core Component awards in Tennessee.
Other Community Development Financial Institutions in Tennessee
Affordable Housing Resources, Inc.
Nashville
Appalachian Fund for Growth II, LLC
Chattanooga
Chattanooga Neighborhood Enterprise, Inc.
Chattanooga
Church Koinonia Federal Credit Union
CHATTANOOGA
D.C.C.D. Corporation
Decaturville
Nashville Housing Fund, Inc.
Nashville
Pinnacle Community Development, Inc.
Nashville
United Housing, Inc.
Memphis
Featured Government Grant Resources
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Social Entrepreneurship
Spotlight
Calgary Social Enterprise Offers High-Tech Services by People with Autism
Meticulon, a project of Autism Calgary Association in partnership with the federal government and the Sinneave Family Foundation, operates as a social enterprise that renders high-tech services provided by people with autism, leveraging their natural abilities at requiring attention to detail, repetition, and sequencing.
