Community Development Financial Institutions (CDFIs)

Primary Care Development Corporation

Seeking to ensure that all communities have timely and effective access to primary care, the Primary Care Development Corporation strives to increase the capacity and quality of primary care in underserved communities across the state. To date, the organization has invested more than $255 million into more than 84 primary care capital projects, leveraging $6 of private investment for each $1 of public investment. Read more about Primary Care Development Corporation...

Lower East Side People's Federal Credit Union

As the largest credit union in New York City with 6,000 members and assets of $35 million, the Lower East Side People's Federal Credit union serves the immigrant and underserved population of the city through microfinance, low-interest personal loans and other financial services. Founded in 1986 when all commercial banks left the Lower East Side of Manhattan, the credit union has reinvested over $56 million back into the community, mobilized over $30 million in local savings, and expanded access to financial services. Read more about Lower East Side People's Federal Credit Union...

Community Preservation Corporation

Sponsored by more than 90 commercial banks, savings institutions, and insurance companies, the Community Preservation Corporation is a nonprofit founded in 1974 focused on stabilizing, strengthening and sustaining low-and mixed-income communities. Accomplishing its mission through helping developers finance and build affordable multi-family housing, the organization has invested more than $7.2 billion and has helped construct or save more than 157,000 new or rehabbed units throughout New York, New Jersey, and Connecticut. Read more about Community Preservation Corporation...

Business Outreach Center (BOC) Network

Founded in 2001, the Business Outreach Center (BOC) Network provides micro-enterprise and small business development services to new entrepreneurs and existing organizations in New York City and Newark, NJ. Operating a microloan program, BOC Network has helped clients to access more than $23 million dollars in small business financing. To date, over 45 percent of the organization's clients are new entrepreneurs and it has individually assisted more than 8,000 small business owners and would-be entrepreneurs. Read more about Business Outreach Center (BOC) Network ...

Southern Appalachian Fund

The Southern Appalachian Fund (SAF) is a $12.5 million community development venture capital fund formed to provide equity capital and operational assistance to qualifying businesses in southern Appalachia. SAF focuses specifically on companies in Kentucky, Tennessee, and the Appalachian counties of Georgia, Alabama, and Mississippi and makes investments in qualifying firms in amounts that range from $200,000 to $600,000. Through its investments, the fund aims to promote economic development, encourage wealth creation and increase job opportunities for individuals living in low-income geographic areas.

Self-Help

Founded in 1980, Self-Help is a community development lender that has provided $6.08 billion through 74,548 loans to homebuyers, small businesses, and nonprofits nationwide. Self-Help has also been a leader in efforts to limit predatory lending policies of check cashing outlets and other "fringe" banking services. Read more about Self-Help...

The Reinvestment Fund

Founded in 1985, TRF is an umbrella group that oversees a host of community development loan and venture funds that invest in the Mid-Atlantic region. As of 2007, TRF has managed over $700 million in capital. To date, TRF financing has helped create or preserve over 16,000 housing units, 420 businesses, 22,000 charter school slots, 35,000 jobs and 1.53 million MWh of clean energy, or enough power to run 150,000 homes for a year. Read more about The Reinvestment Fund...

People's Community Partnership Federal Credit Union

Chartered in 2000 and open since 2001, People's Community Partnership is a community development credit union that is open to anyone who lives, works, worships or volunteers in the West Oakland flatlands. It is also the first banking institution to operate in West Oakland since the 1960s, providing area residents with an alternative to expensive check-cashing services and payday loans. Members can open an account with as little as a $25 and a one-time $5 fee. It has grown to have more than 2500 members with assets of more than $4.5 million. Read more about People's Community Partnership Federal Credit Union...

Northcountry Cooperative Development Fund

Northcountry Cooperative Development Fund is a member-owned and governed community development loan fund and federally certified Community Development Financial Institution (CDFI). Structured as a cooperative assoication, NCDF is owned by more than 150 cooperatives in 30 states and finances producer, worker, consumer, and housing cooperatives through the US (except in New England – see Cooperative Fund of New England). Read more about Northcountry Cooperative Development Fund...

Nonprofit Finance Fund

The Nonprofit Finance Fund was established in 1980 and is now one of the nation's leading community development financial institutions (CDFIs), serving nonprofits in the Washington, D.C. Read more about Nonprofit Finance Fund...

New Hampshire Community Loan Fund

New Hampshire Community Loan Fund was the first statewide community development loan fund in the country. NHCLF is nationally renown for its Manufactured Housing Park Program, a loan product that has enabled mobile home residents to purchase mobile home parks and run them as cooperatives. Read more about New Hampshire Community Loan Fund...

Montana Community Development Corporation

Founded in 1989, Montana CDC serves, despite its “CDC” name, more as a Community Development Financial Institution (CDFI), with a focus on small business lending in five counties of western Montana. It also operates a Native American Fund (which makes micro loans to Native American-led businesses) and a Child Care Loan fund that helps childcare businesses expand facilities and improve programs. Between July 2004 and February 2005 alone, it disbursed over $500,000 in loan financing. Read more about Montana Community Development Corporation...

Opportunity Resource Fund

Created in 2004 out of a merger of two community development funds that date back to the 1980s, the Opportunity Resource Fund (formerly named the Michigan Interfaith Trust Fund) offers a variety of loan products, and underwrites projects for affordable housing, economic development, pre-development, and mixed-use development throughout the state of Michigan. To date, the fund has lent $21.9 million for affordable housing, leveraging an additional $73.7 million, and has helped develop nearly 2,000 housing units. Read more about Opportunity Resource Fund...

Lakota Fund

Founded in 1985, the Lakota Fund has promoted economic revitalization on the Pine Ridge Reservation community. The fund has financed the construction of affordable housing, made micro-enterprise and small business loans supporting the employment of over 500 people and has developed an Individual Development Account matched-savings program. Read more about Lakota Fund...

Kentucky Highlands Investment Corp.

KHIC was founded in 1968 to promote community economic development in southeastern Kentucky. In 1972, it became the country's first community development venture capital fund, a fund which has now grown to $40 million. Over the years KHIC has helped provide $178 million in financing to 220 businesses, thereby helping to create 9,900 jobs. Read more about Kentucky Highlands Investment Corp....

Florida Community Loan Fund

Intending to create a new financing organization to support nonprofits with access to credit and technical assistance, in 1996, a local religious group pooled its pension funds to provide the initial investment for Florida Community Loan Fund (FCLF). To date, the state’s first statewide certified CDFI has made over 180 loans for a total of over $140 million to over 100 organizations throughout Florida. In 2014, more than $62 million, about one third of FCLF 2014 lending, was deployed within the Fort Lauderdale-Miami region. Read more about Florida Community Loan Fund...

Ecotrust

With a focus on creating economic opportunity, promoting social equity, and ensuring environmental well-being, Ecotrust accomplishments include co-founding the world's first environmental bank with now more than $300 million assets and receiving $50 million in New Markets Tax Credits to start the world's first ecosystem investment fund.  Since its founding in 1991, Ecotrust has helped create more than $300 million in capital for the people, communities and businesses of the West Coast, including Alaska. Read more about Ecotrust...

Cooperative Fund of New England

Founded in 1975, the Cooperative Fund of New England has grown to have $5.5 million in assets under management. To date, the loan fund has provided $14.7 million to fund 411 loans to cooperative businesses and community-oriented nonprofits around the region, helping to create or retain more than 5,000 jobs and finance the building or improvement of over 2,000 homes. Read more about Cooperative Fund of New England...

Community First Fund

Founded in 1992, Community First's service area has expanded from its initial base in Lancaster County to a thirteen-county region in south central Pennsylvania with a population of over 3.5 million. To date, Community First Fund has made over $19 million in loans. Community First has helped preserve 1,300 jobs, develop 120 new affordable housing units, and finance 150,000 square feet of commercial space, primarily in lower income urban neighborhoods. Read more about Community First Fund...