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Nonprofits Assistance Fund
2801 21st Avenue South, Suite 210Minneapolis MN, 55407-1229
CDFI Awards for Nonprofits Assistance Fund
FA (2008) - $1,089,956
Nonprofits Assistance Fund (NAF) is a nonprofit loan fund in operation since 1998. NAF is a certified CDFI providing business loans to community organizations, community facility loans, and affordable housing loans to 501c3 non-profit organizations who serve the targeted low-income populations in Minnesota and through a national program serving other targeted populations. NAF is receiving an FY08 Financial Assistance award of $1,000,000 for lending capital to deploy a new product and to increase the volume of loan activity to the target market. NAF is also receiving an FY08 Technical Assistance grant of $89,956 to develop: 1) a new line of credit loan product, 2) a market research and a marketing plan, and 3) a long-term capitalization plan.
SECA (2002) - $35,000
The profile for this award is not currently available.
Other Community Development Financial Institutions in Minnesota
African Development Center
Minneapolis
CAPITAL CITY PROPERTIES
St. Paul
Community Reinvestment Fund, Inc
Minneapolis
Dakota Futures, Inc.
Morton
Development Corporation for Children
Minneapolis
Great Neighborhoods! Development Corp.
Minneapolis
Greater Minnesota Housing Fund
St. Paul
Habitat for Humanity of Minnesota, Inc.
Minneapolis
Indian Land Capital Company
Little Canada
Indian Land Tenure Foundation
Little Canada
Initiative Foundation
Little Falls
Leech Lake Band of Ojibwe
Cass Lake
Midwest Minnesota Community Development Corporation
Detroit Lakes
National New Markets Tax Credit Fund, Inc
Minneapolis
Neighborhood Development Center
St. Paul
Nonprofits Assistance Fund
Minneapolis
Northland Foundation
Duluth
Sparc
Saint Paul
University National Bank
St Paul
WomenVenture
St. Paul
Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Social Entrepreneurship
Spotlight
Exeter Sees Growth in Social Enterprise Sector
A partner at The Fruit Tree for Business LLP and co-founder of ESSENCE, Lorna Turner, discusses why Social Enterprise Day is a good time to celebrate Exeter’s thriving social enterprise scene.
