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Community Development Organizations Merge to Expand Housing Access

The Connecticut Housing Investment Fund (CHIF), the Community Capital Fund (CommCap), and the Greater New Haven Community Loan Fund (GNHCLF) were each Community Development Financial Institutions (CDFIs) in Connecticut that provided financial services to low-income households and facilitated access to affordable housing. In order to expand their services and programs and to increase their capacity in Connecticut’s smaller cities, the organizations decided to merge, forming Capital for Change. The SeaChange-Lodestar Fund for Nonprofit Collaboration provided a grant to fund one-time costs of the merger.

Grant Information

Grant Amount: $15,000

Year Granted: 2016

Grantee: Connecticut Housing Investment Fund

Location: CT - Connecticut

Grantee Website: Capital for Change