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CAPITAL MAGNET FUND ANNUAL OWNER CERTIFICATION 211 N. Front Street, P.O. Box 8029 Harrisburg, PA 171058029 Certification Dates (information due for December 31 annually) FromToProject NameProject
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Who needs capital magnet fund?

01
Nonprofit organizations
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Community Development Financial Institutions (CDFIs)
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Affordable housing developers
04
Organizations serving underserved communities
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Entities involved in economic development and job creation
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The Capital Magnet Fund (CMF) is a program administered by the U.S. Department of the Treasury that provides grants to finance affordable housing and community revitalization projects.
Nonprofit organizations, for-profit developers, and housing finance agencies are eligible to apply for funding from the Capital Magnet Fund.
To apply for funding from the Capital Magnet Fund, applicants must submit a complete application with all required documentation, including a detailed description of the proposed project and its benefits.
The purpose of the Capital Magnet Fund is to increase affordable housing opportunities and promote community development in underserved areas.
Applicants must report on the impact of their projects on affordable housing, job creation, economic development, and other community benefits.
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