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Hope Federal Credit Union of Jackson, Miss., has won a $3.7 million federal grant that will allow it to support low-income housing in the Mississippi Delta.
The U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced Wednesday that Hope FCU ($295.9 million in assets, 47,967 members) and 37 other institutions were awarded $142.9 million in grants for this fiscal year through its Capital Magnet Fund.
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