Neighborhood Opportunity Fund - DataMade

Feb 28, 2017 · The Neighborhood Opportunity Fund makes use of revenue generated by downtown development to finance commercial projects on Chicago’s South, Southwest, and …

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Neighborhood Opportunity Fund Home - City Of Chicago

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The Neighborhood Opportunity Fund (NOF) provides grants up to $250,000 for small business and cultural projects located along West, Southwest, and South Side commercial corridors. …

chicago.gov

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Neighborhood Opportunity Fund - City Of Detroit

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The City of Detroit, Neighborhood Services division was awarded $2,511,678 in CARES funding to distribute to local subrecipients. COVID CARES Funding. In the 2023-2024 fiscal year, HUD …

detroitmi.gov

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The Educational Opportunity Program: An Historical ...

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On June 24, 1968, Bill A.767 - The Educational Opportunity Fund was passed by the legislature and appropriated $2 million for direct student aid and support programs; and it was enacted …

rutgers.edu

FAQs about Neighborhood Opportunity Fund - DataMade Coupon?

What is a neighborhood opportunity bonus?

The fund provides resources to encourage development in West, Southwest and South Side commercial corridors. Funds for the program are generated through the Neighborhood Opportunity Bonus, which enables developers of downtown construction projects to increase floor area in exchange for voluntary payments. ...

Do neighborhood opportunity bonus grants have to be repaid?

The grants do not have to be repaid. Individual awards exceeding $250,000 require City Council approval. Additional information can be found at the program's website. The remaining 20 percent of Neighborhood Opportunity Bonus proceeds is split evenly between local infrastructure and designated landmarks. ...

How much funding do I need for a community project?

Funding is provided as grants to private and public agencies for projects that align with community-based goals. The grants do not have to be repaid. Individual awards exceeding $250,000 require City Council approval. Additional information can be found at the program's website. ...

What is a community development financial institution (CDFI)?

Community development financial institutions (CDFIs) finance microenterprises and small businesses, nonprofit organizations, commercial real estate, affordable housing, and more. Use the search tool below to locate and learn more about Opportunity Finance Network (OFN) member CDFIs based in rural, urban, and Native communities across America. ...

What is AAFE Community Development Fund?

AAFE Community Development Fund (CDF) is a U.S. Treasury designated Community Development Financial Institution (CDFI) dedicated to promoting, protecting and advancing home-ownership for minority, immigrant, low- and moderate- income, and under-served households and communities in New York City. ...