MW Financial Inc. Grant Funding
MW Financial Inc. supports strategic funding goals of major nonprofit organizations, advises private companies on developing business strategies in response to federal funding initiatives. Cities across the country depend on federal resources to fund major economic and community development projects. Increasing federal grant and tax credit programs are designed to leverage private funding - lenders and foundations - for financing the balance of a project. MW Financial Inc. actively monitors federal funding for affordable housing, school modernization, and advancing innovative uses of technology.

Office of Public Housing Investments(PHI). A Public Housing Agency may pledge a portion of future annual Capital Funds to make debt service payment for either a conventional loan or bond, pursuing either a stand-alone or pool transaction. Teamed with DRE Partners to provide program support to the Capital Fund Financing Program (CFFP), MW Financial is serving as a financial advisor on the review of CFFP applications submitted by Public Housing Agencies for use of the Capital Fund to modernize public housing properties.

  Community Preservation and Development Corporation(CPDC). Developed funding proposals for CPDC, a nonprofit developer of affordable housing properties in the District of Columbia, Virginia, and Maryland. CPDC has wired apartment units to provide residents with access to the Internet and the new technologies. Through interconnected computer learning centers, CPDC offers office technology and IT training to adults and youth to improve tenants’ job prospects and income. Graduates of the skills training program, with average incomes of $9,400, are able to increase their earning potential to an average of $25,000.

MW Financial Inc. supported CPDC and its partner, The Catholic University of America (CUA), in securing $679,282 grant to implement a comprehensive telehealth training program to provide medical and supportive services to senior residents of Northwest DC multifamily housing complex while at the same time, providing training for incumbent para professions to upgrade their skills for job and income mobility.

CUA to Share $692,282 Federal Grant for Tele-health Services
CPDC has partnered with the tenant association of Island Walk, a 102 unit townhouse property in Reston, Virginia. A project originally developed by the Fairfax County Redevelopment and Housing Authority as a limited equity cooperative, CPDC is renovating the property as a rental complex for future cooperative conversion, giving tenants a “first right of purchase” option. The County and Commonwealth of Virginia require that 6 or more units be made available for individuals with disabilities. MW Financial Inc. identified possible funding for CPDC to meet County requirements for the inclusion of units at Island Walk for individuals with disabilities.
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