CDFIs finance community businesses, including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing.
To find an OFN Member CDFI in your state, use the search criteria below. You can also visit our Member Profile Directory to learn about their important work.
Appalachian Community Federal Credit Union (ACFCU) is dedicated to providing community and economic development to underserved individuals and businesses that lack adequate access to capital, high quality financial services, and financial counseling in its service areas of East Kentucky, Northeast Tennessee and Southwest Virginia.
Arcata Economic Development Corporation provides leadership throughout the Northcoast of California for regional planning and economic development in accordance with sound environmental practices. The primary objective of the Corporation is to benefit the region as measured by increased employment, economic diversity, and higher family incomes. Arcata has financed $34 million and over 500 businesses.
Arkansas Capital Corporation, private nonprofit formed in 1957, has deployed in excess of $1.5 billion of capital while serving its mission “Fostering economic development, creating and preserving employment opportunities, and stimulating the growth, expansion and modernization of small businesses located within the State of Arkansas, including an emphasis on serving the underserved communities and citizens within the state.”
Arkansas Capital Corporation provides capital to businesses in Arkansas that fall outside of the lending policies of banks. We do this by utilizing financing products from: Small Business Administration (7a and 504 loan products), United States Department of Agriculture (USDA B+I loan products), Department of Treasury (CDFI and New Market Tax Credit products) and the Department of Homeland Security (EB-5 product). Additionally we provide entrepreneurship educational opportunities within the state of Arkansas in conjunction with Arkansas colleges and universities, middle schools and high schools throughout the state.
ASI Federal Credit Union's mission is to strengthen the financial health of underserved communities through financial services and education. ASI was chartered in 1961 has grown to include over 75,000 members, over 60% of whom live at or below the federal poverty level and over 50% of whom hail from minority ethnicities. ASI is the largest Louisiana-based credit union in terms of membership. ASI offers fifteen branch locations in five parishes and serves the Greater New Orleans region. ASI has been recognized by several national organizations for its strides in developing low-cost, responsible alternatives to predatory lending. Among notable recent achievements, ASI, in partnership with a faith-based philanthropic organization, launched a web-based peer-to-peer pilot. Thanks to a recent award from the CDFI Fund, ASI has also successfully launched a subprime mortgage loan refinance and rescue program. Through its affiliate nonprofit, ASI also offers HUD-certified homebuyer counseling, foreclosure prevention and financial education.
Baltimore Community Lending (BCL) is a Community Development Financial Institution whose mission is to support the revitalization and strengthening of Baltimore neighborhoods through innovative and flexible financial assistance. BCL provides real estate financing to create affordable housing and neighborhood commercial properties through acquisition and construction loans to homeowners and non-profit and for-profit developers. Its products include permanent and mini-perm mortgages and construction loans. Since 1989 BCL has financed more than $165 million in support of low and moderate income neighborhoods in Baltimore.
The Black Business Investment Fund (BBIF) is a Certified Development Financing Institute (CDFI) and a Community Development Enterprise (CDE) lending institution that specializes in aiding micro, small and minority business owners in building their management capacity and in providing loan capital. The BBIF has served Central Florida's business community for over twenty years through the provision of direct loans, loan guarantees, technical assistance, and advocacy. The BBIF's core business is specializing in providing direct loans and developing business owner's management skills. The organization is primarily interested in projects and activities that have an economic and a community development impact, business investment, charitable, or educational focus.
BOC Capital Corp is a technical assistance led microlender catering to underserved markets and borrowers throughout New York City. Using flexible and non-traditional evaluation criteria, BOC Capital provides innovative loan structures to assist promising entrepreneurs in growing their business. BOC Capital makes loans of up to $25,000 and has established relationships with banks and other microlenders with whom we partner to satisfy the needs of a wide range of clients. The majority of BOC's clients are women and/or ethnic minorities working or living in the Borough of Brooklyn.
Boston Community Capital (BCC) is a Community Development Financial Institution whose mission is to build healthy communities where low-income people live and work through socially responsible lending and investing. BCC provides financing to create affordable homes, social services, childcare facilities, and youth programs, and provides equity capital to emerging businesses that offer strong social return. Since 1985, BCC has committed more than $150 million to low-income communities.
The mission of the Brazos Valley CDC (BVCDC) is to provide access to financial products, services and education to the residents and businesses of our community in such a way as to maximize the affordability of safe and decent housing, especially for low-income individuals and families.
