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Edge Fund Awarded Grant to Expand Affordable Housing Lending

The Edge Fund, King Park’s affordable housing loan fund, received a grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund to expand its affordable housing lending.

The Edge Fund is a mission-driven lender that is focused on offering flexible financial products, such as the HomeSmart Mortgage, that will create diverse and inclusive affordable housing opportunities across the housing spectrum.

The Edge Fund was one of only 60 organizations nationwide to receive a grant and we received the maximum amount of $125,000.

Congratulations to our friends at the Business Ownership Initiative (BOI), who also received a grant.

U.S. Treasury Community Development Financial Institutions Fund

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