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CDCLI Funding Corporation, Inc.
2100 Middle Country Road, Suite 300Centereach NY, 11720
CDFI Awards for CDCLI Funding Corporation, Inc.
FA (2004) - $782,500
CDCLI Funding Corporation, Inc. (CDCLI) will use the award to continue to build its microlending and other business lending activities.
CORE (2001) - $800,000
The CDFI Fund"s $350,000 grant and $450,000 loan will be used to capitalize the CDCLIFC"s Section 8 Homeownership Loan pool that will assist low- and moderate-income first time homebuyers in the purchase of a home utilizing HUD"s new Section 8 Homeownership Voucher.
CORE (2000) - $600,000
The CDFI Fund"s $600,000 award ($400,000 capital grant and $200,000 loan) will increase the Corporation"s business loan fund capital and will support the development of loan products that encourage business expansion within the Corporation"s target market.
SECA (1999) - $27,500
The technical assistance award will support the CEDCLI Funding Corporation"s and its parent"s management of all lending activities under its control specifically by addressing the needs of staff training strategic planning and loan program marketing.
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