Planning Grants

To help potential applicants conduct planning and market research to further their expansion strategy prior to applying for the NEXT Opportunity Award in early 2013, the NEXT Awards—through the generosity of The Kresge Foundation and Wells Fargo—made a small pool of planning grants available to prospective applicants. Grants up to $20,000 per CDFI supported research or planning to expand a CDFI’s geographic or product coverage. 

Congratulations to six high-performing CDFIs who won 2012 NEXT Planning Grants:

  • Alternatives Federal Credit Union
  • Century Housing Corporation
  • Economic and Community Development Institute, Inc.
  • The Housing Fund, Inc.
  • The Housing Partnership Network, Inc.
  • Virginia Community Capital