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NeighborWorks to use $1.75 million grant to expand its lending services

NeighborWorks Montana, a statewide housing nonprofit organization, was awarded $1.75 million from the U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund. NeighborWorks Montana will use the money to expand a popular lending program and increase its impact on communities throughout the state. The organization also will use the CDFI funds to support its 20+ Community Second and multifamily lending programs, to help purchase real estate for low-income housing developments and to help expand its Resident Owned Community programs. To read more, click here.