Community Development Financial Institutions (CDFIs)

Community Development Venture Capital Alliance

The CDVCA is a membership organization that works to provide members with technical assistance, information, and resources to maximize the implementation of community development venture capital funds in distressed communities throughout the world. Read more about Community Development Venture Capital Alliance...

CDFI Fund, US Treasury

The CDFI Fund is the section of the U.S. Department of Treasury that administers the CDFI Fund, the New Markets Tax Credit, and other community finance programs. Its web site has information on how to apply for awards, as well as listing previous awardees. Read more about CDFI Fund, US Treasury...

CDFI Coalition

The Coalition of Community Development Financial Institutions represents more than 1000 CDFIs throughout the U.S., providing networking and information to the CDFI industry. The Coalition also serves as an advocate for community development financial institutions by providing information and resources to lawmakers, media, and the general public in order to increase financial and public support of CDFIs. Read more about CDFI Coalition...

Association for Enterprise Opportunity (AEO)

The Association for Enterprise Opportunity is a trade association of microenterprise loan funds and supporters. It provides members with a forum, information, and a voice to promote enterprise opportunity for people and communities with limited access to economic resources. Read more about Association for Enterprise Opportunity (AEO)...

Washington Area Community Investment Fund

Established in 1987, Washington Area Community Investment Fund (WACIF) provides capital and technical assistance to affordable housing developers, childcare providers, and small businesses in the DC region. To date, the group has committed or funded over 315 loans totaling $24.6 million, leveraging over $150 million in financing for local nonprofits and low and moderate-income entreprenuers. Its loans, programs, and services have helped develop or preserve more than 1,500 units of affordable housing and 44 community-based facilities in the DC region. Read more about Washington Area Community Investment Fund...

City First Bank

Part of a family of companies that work together to serve the needs of low and moderate income residents of the DC metro area, City First Bank is a nationally chartered community development bank with assets of $214 million, deposits of $171 million, and loans of $152 million, 80 percent of which are made to businesses in low-income communities.  Since its establishment in 1998, the bank has financed more than 5,371 units of affordable housing and helped create or retain over 4,368 jobs. Read more about City First Bank...

Washington Community Reinvestment Association

Focusing on low income and special needs housing and other real estate based economic projects within the state, the Washington Community Reinvestment Association administers three revolving loan pools totaling more than $105 million. Originally formed in 1992 as a consortium of 35 member institutions, today WCRA has added 11 additional financial institutions and increased its lending capacity by nearly 50 percent. To date, WCRA has funded and committed over $232 million in loans, representing 9,049 units of housing and 98,357 square feet of economic development project space. Read more about Washington Community Reinvestment Association...

Washington CASH

Founded in 1995, Washington CASH provides a business training course, micro-credit lending services from $500-$5,000, technical business assistance, and peer support to enable low-income women, people with disabilities, and new immigrants/refugees to start or expand self-employment ventures. As of November 2009, Washington CASH has helped create or expand more than 800 businesses and has trained more than 2,800 people through its business-training course. Read more about Washington CASH...

ShoreBank Enterprise Cascadia (Now Craft 3)

Serving primarily rural communities in Washington and Oregon since 1995, in 2007, ShoreBank Enterprise Cascadia (SBEC) extended its small business loans and technical assistance to low-income individuals in urban communities, such as Seattle and Portland. As the largest CDFI in the Pacific Northwest, with more than $70 million in capital assets, SBEC has invested more than $60 million in over 400 businesses and has leveraged an additional $255 million in other investments. Read more about ShoreBank Enterprise Cascadia (Now Craft 3)...

Rainier Valley Community Development Fund

Founded in 2002, the Rainier Valley Community Development manages a $50 million Transit-Oriented Community Development Fund that had been established in 1999 by Seattle's Sound Transit Board. In addition to its primary role to provide mitigation funds to businesses adversely affected by light rail construction, RVCDF is using a part of the money to create a self-sustaining, community-controlled fund that will help steer community development in Rainier Valley over the long term. Read more about Rainier Valley Community Development Fund...

Impact Capital

Impact Capital provides financing support to non-profit community-based organizations throughout the Pacific Northwest. Within Washington, Impact Capital has been able to invest more than $92 million, while leveraging more than $2.1 billion in development, helping to contribute $22 to communities for every $1 invested. Since 1994, Impact Capital has helped finance more than 17,000 units of affordable housing, 13 childcare facilities, 11 community centers, two job training facilities, four arts and cultural facilities, and more than 500,000 square feet of retail and industrial space. Read more about Impact Capital...

Community Capital Development

Founded in 1997, Community Capital Development (CCD) is a nonprofit community development financial institution (CDFI) that provides access to capital and business assistance to low-income, women and minority entrepreneurs, and small businesses in distressed and historically underserved communities in the state of Washington. Operating a $6 million loan fund, CCD has provided loans totaling more than $15.3 million to 388 "un-bankable" small businesses, helping to create more than 1200 jobs - of which more than 60% went to low-to-moderate income people. Read more about Community Capital Development...

Albina Community Bank

Formed in December 1995, Albina's investors include large local nonprofit organizations as well as hundreds of individual shareholders who live throughout the city. In its first decade, the bank grew to have over $100 million in assets and four branches. Since 2002, over 6,800 jobs have been created or maintained as a result of bank lending. Read more about Albina Community Bank...

Northside Community Development Fund

Established in 2000 by the Northside Leadership Conference, a Pittsburgh-based nonprofit group, Northside Community Development Fund provides loans and financing for businesses and real estate development projects throughout the Northside of Pittsburgh. The loan fund also operates a micro-enterprise fund that makes small loans of up to $35,000 for Northside small businesses with six-year terms and fixed interest rates.

Bridgeway Capital

Started in 1990 as a housing and social service lender called CL Fund, Bridgeway Capital broadened its work by adding small business lending in 1994. Serving 15 counties across western Pennsylvania, Bridgeway Capital provides flexible financing and educational opportunities to small businesses and other organizations to ignite economic growth within the region.  To date, Bridgeway Capital has made nearly 900 loans, injecting $104 million in capital directly into the region and leveraging an additional $394 million in capital for its borrowers. It has helped create or retain 6,000 jobs since 2001.

Low Income Investment Fund

Since the group's founding in the mid-1980s, LIIF has provided capital and technical assistance totaling $1.5 billion, which in turn leveraged an additional $6 billion, broadening economic opportunity for 1.7 million people. LIIF's investments helped to create 174,000 units of low income and special needs housing, 243,000 childcare spaces, and 72,000 educational facilities. Read more about Low Income Investment Fund...

Washington Heights and Inwood Development Corporation

Serving community members in the Washington Heights and Inwood section of northern Manhattan since 1978, the Washington Heights and Inwood Development Corporation operates a micro-business development program, child care business development services, and a micro business incubator for between 20 and 50 individuals (depending on the season). The group has helped create more than 500 micro enterprises since 1992 and has made 369 loans totaling $5.6 million since 1995. Of these loans, 96% have gone to minority- and 40% have gone to women-owned businesses. Read more about Washington Heights and Inwood Development Corporation...

University Neighborhood Housing Program

Founded in 1983, the University Neighborhood Housing Program seeks to create, preserve, and finance affordable housing in the Northwest Bronx. The group's loan fund, seeded in 1988, has lent over $4 million to date. This investment has helped provide for the preservation, purchase, and renovation of 67 multifamily buildings with close to 3,000 units of affordable housing and the creation or improvement of 886 units of low-income housing. Read more about University Neighborhood Housing Program...

Renaissance Economic Development Corporation

Working in partnership with Asian Americans for Equality, the Renaissance Economic Development Corporation provides financing and technical assistance in low-income, immigrant neighborhoods in order to promote the creation of low-income, minority, women, and immigrant entrepreneurs. Since its founding in 1997, Renaissance has lent more $25 million to more than 700 small businesses and has provided technical assistance to more than 2,500 entrepreneurs. Read more about Renaissance Economic Development Corporation...

Project Enterprise

Project Enterprise provides micro loans, business development services, and networking opportunities to entrepreneurs and small businesses in traditionally underserved communities in the city. Founded in 1997, to date, the organization has loaned more than $1.7 million, providing more than 700 loans at an average loan size of approximately $2450. Project Enterprise has served more than 3,600 entrepreneurs and has more than 450 active members. Read more about Project Enterprise...