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YNDC gets Grant - The Vindicator

The Youngstown Neighborhood Development Corp. received a $124,429 Technical Assistance Grant from the U.S. Treasury’s Community Development Financial Institution Fund.

The fund makes awards of up to $125,000 under the technical-assistance component to allow established entities seeking to become certified CDFIs with the U.S. Treasury to build their capacity to provide affordable financial products and services to low-income communities and families.

Once certified, YNDC can leverage public and private funds to provide critical financial products and services for housing, neighborhood revitalization, and small-business development throughout the city, said Ian Beniston, YNDC executive director.

Vindicator staff reports

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