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Carver Federal Savings Bank
75 West 125th StreetNew York NY, 10027
CDFI Awards for Carver Federal Savings Bank
FA (2005) - $641,250
CDCDF will use the $475,000 financial assistance award to create a new affordable housing development permanent loan product, expand its micro-enterprise lending activities, and leverage the equity with over $2 million in new debt financing to grow its total capitalization from $6 to $10 million over the next three years.
BEA (2004) - $1,500,000
Carver Federal Savings Bank received an award of $1.5 million for increasing its financing activities in economically distressed areas throughout New York City. The awardee also provided financial assistance to the following certified Community Development Financial Institutions (CDFIs): Nonprofit Finance Fund, Low Income Investment Fund, Renaissance Economic Development Corporation, and ACCION New York.
(0) - $0
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