Pineywoods Community Development Financial Institution

Lufkin TX


Pineywoods is a start-up CDFI serving affordable housing needs in rural East Texas.

CDFI Awards for Pineywoods Community Development Financial Institution


TA (2004) - $38,000

Pineywoods will use the award to obtain a consultant to develop a quality control plan, as required by CitiMortgage for the purchase of mortgages originated by Pineywoods; purchase technology, and staff training.



SECA (2002) - $50,000

The TA award from the CDFI Fund would allow Pineywoods to provide access to below-market-rate first and second mortgages, home buyer education, and counseling services to low-income families and individuals living in a rural 31-county area of east Texas.



Other Community Development Financial Institutions in Texas





Featured Government Grant Resources


Department of Agriculture: Value Added Producer Grants

The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.







Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.




Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.









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