Capital Magnet Fund Survey

Hi XX,

The CDFI Fund is collecting information from Capital Magnet Fund Awardees for program evaluation and reporting purposes. I know that you have already sent a plethora of information regarding the use of your award, but I’m hoping that you will help us out one more time with this brief survey to provide more insight into Parts I-III of the annual report: Use of Funds, Housing Projects, and Economic Development Activities Projects.

The CDFI Fund plans to create a report that highlights the great work you have done with the CMF awards. This report will be distributed to the public, Members of Congress, and others. For this report, we really want to put a face to the data already collected. This brief survey asks more opinion/general questions. We are also asking that you provide a quote for use in the report about how you have impacted low-income communities through your work.

And, of course, no report would be complete without success stories about specific projects with photos! I personally think this is the key to a good report… the reader doesn’t have to imagine what you’re doing… they can look at the picture! I hope you will send me any stories/pictures that you have about the projects you’ve completed or are working on. Architectural drawings or any other visual you may have is also appreciated.

Thank you, in advance, for your help. Please hit reply to this email and answer the questions below or forward the email to the appropriate person for response. Your responses (and success stories) are needed no later than Friday, August 16, 2013.

Thank you. If you have any questions, please do not hesitate to contact me.

Capital Magnet Fund Awardee Survey Questions

1. What were your sources of leverage (e.g., bank loans, foundation grants, etc.)? Please list all that apply and if possible the percentage used from the different sources of leverage.

2. Did you combine economic development with housing? If so, what types of projects were included? Of the total projects, how many included economic development?

3. If you have used all of your initial Capital Magnet Fund award funding, have you reinvested the funding into other projects? If so, please describe the types of projects.

4. Did you fund projects with Capital Magnet Fund award funding that would not have been possible without the award? In other words, did you use the Capital Magnet Fund award for hard to finance projects?

5. In general, how useful was/is the funding you received from the Capital Magnet Fund?

Quote. The CDFI Fund is also looking for quotes to use in the report being prepared. Please answer the following question or provide any other comment you would like to make (note that we will attribute the quote to you):

How has your Capital Magnet Fund award impacted the community where project(s) have been developed?

Paperwork Reduction Act Statement: CDFI estimates that this response will take approximately 10 minutes to complete. The Federal Government may not collect, and the public is not required to respond to, a collection of information that does not display a currently valid OMB Control Number. The OMB Control Number for this collection is 1559-0041