For the 20th year, NeighborWorks America is investing in our growth to support the financing needs of the NeighborWorks network. The NeighborWorks board and officers have approved a $2.4 million capital grant which we will leverage with $15 million in additional capital. Their continued equity investment has leveraged over $110 million in capital to date and will attract more investments to our CDFI to meet our five-year goal of doubling our lending capital. The board and staff of NeighborWorks Capital appreciate the continued partnership.
As the cost to buy and to build a home climbs, and demand