Dane Fund, Inc., The

Madison WI


Founded in 1994, The Dane Fund, Inc. is a nonprofit housing loan fund serving urban and suburban communities in Dane County, WI. The Awardee primarily proposes to provide loans to support affordable housing development and community facilities lending benefiting economically disadvantaged individuals and neighborhoods in Dane County, Wisconsin.

CDFI Awards for Dane Fund, Inc., The


FA (2007) - $275,960

Established in 1994, Forward Community Investments (FCI) is a certified CDFI. It provides below-market rate financing to help nonprofit organizations purchase and/or rehabilitate facilities and develop affordable housing in Wisconsin. FCI will use its FY07 FA award as equity to: 1) keep up with the demands of its growing investment and loan portfolio; and 2) strengthen its equity position and increase net assets. It will use its FY07 TA award to hire a loan officer and part-time marketing associate.



FA (2004) - $182,200

The Dane Fund will use the award to provide single-family predevelopment loans to affordable housing developers that provide services to low-income persons of Dane County, Wisconsin. The award also includes technical assistance for technology upgrades, loan servicing software, and consulting services to develop a website and extranet site.



SECA (2002) - $192,000

The technical assistance award will support the Awardee"s strategic and capitalization planning efforts, and acquisition of technology and training.



Other Community Development Financial Institutions in Wisconsin

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