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.
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.
Building Hope supports high quality public charter schools in Washington D.C., Florida and other U.S. locations by providing business services, technical and financial assistance for educational facilities. As a non-profit organization, Building Hope supports the expansion of academically successful schools with the capacity to grow their enrollments. This allows Building Hope to catalyze change across the local public education systems by promoting school-centered community revitalization. We believe that excellent charter school programs and facilities will help transform economically depressed neighborhoods into places where children will thrive.
The Business Center for New Americans (BCNA) is dedicated to helping refugees, immigrants, women, and other New Yorkers achieve economic self-sufficiency and wealth creation. We do this through the on-going education and coaching of our clients to successfully establish and run small businesses, save money, and invest in their first home. BCNA makes loans up to $50,000. We have a staff of ten full-time professionals who operate out of two offices.
Since 1958, Business Development Corporation (BDC) has been financing small businesses in South Carolina, ultimately creating new jobs for the citizens of the Palmetto State. BDC and its associate company, Certified Development Corporation (CDC), which was founded in 1994, have approved more than 2,625 loans on projects in excess of $1.5 billion, making us leaders in economic development lending and job creation in South Carolina. Now that BDC has been approved by the state and SBA to operate in seven (7) Southeastern states, we are able to bring these benefits to a much larger market area.
Business Impact NW (BIN) is a non-profit economic development organization formed in 1997. Created to serve under-banked entrepreneurs by providing access to capital and comprehensive business technical assistance. BIN serves startups as well as existing businesses, and is dedicated to helping entrepreneurs at every stage in their business model; whether they are newly established or at a growth stage. BIN’s business assistance centers include the Washington Women’s Business Center (WBC), the Minority Business Development Agency (MBDA), and the Region X Veterans Business Outreach Center (VBOC) offering small business consulting services, training, and networking. BIN also offers a comprehensive suite of financial products to serve the needs of Washington State entrepreneurs.
The C3 Fund lends to real estate investors in Low-to-Moderate Income (LMI) neighborhoods in Chicagoland. The Fund’s goal is to provide financing and technical support to create and retain badly needed Naturally Occurring Affordable Housing (NOAH) through innovative capital solutions. The C3 Fund nimbly serves investors with small portfolio rental loans and short-term construction loans that help to maximize the positive community benefits from residential renovation and investment activities.
CAHEC Capital is a nonprofit CDFI and lending affiliate of Community Affordable Housing Equity Corporation (CAHEC), a nonprofit tax credit equity syndicator founded in 1992 and located in Raleigh, NC. Created in 2014 with loan originations commencing in 2015, CAHEC Capital provides flexible and affordable loan products to Low-Income Housing Tax Credit (LIHTC) developers focusing on development financing for new affordable housing communities as well as the preservation and improvement of existing low-income neighborhoods. CAHEC Capital's mission is to promote healthy, empowered, and sustainable housing opportunities for low- and moderate-income individuals and their families.
Reason for becoming an OFN Member: CAHEC Capital strongly supports the mission of OFN--"to ensure that low-income, low-wealth, and other underserved people and communities have access to affordable, responsible financial products and services." After attending the 2017 OFN Conference in Washington, DC and participating in advocacy efforts on Capitol Hill, it become evident that we wanted to become a more integral part of the work OFN was doing. In addition to the passion exhibited by OFN and its team members, OFN membership provides CAHEC Capital access to services, opportunities, and peers that will help us grow and thrive as a CDFI in our marketplace.
Contact Person/Position: Larry Poole
Chartered in 1981, the California Coastal Rural Development Corporation (Cal Coastal) promotes community development by providing credit and technical assistance to small farmers and small businesses located on the central coast of California. We serve the counties of Monterey, Santa Cruz, San Benito, Santa Clara, San Luis Obispo, Santa Barbara and Ventura counties. Cal coastal offers direct loans and loan guarantees with State, Federal, and Small Business Administration financing. Cal Coastal is the largest CDFI serving farmers in the country.
The mission of California FarmLink is to link independent farmers and ranchers with the land and financing they need for a sustainable future. FarmLink helps farmers to build strong business skills, access fair financing, and establish secure land tenure. Established in 1999, FarmLink supports beginning, limited-resource, immigrant and other underserved farmers. We work across the state, with particular focus on the Central Coast, Central Valley, and North Coast regions. Our partnerships with farm training programs, government agencies, impact investors, and other nonprofits help farmers access land and financing. California FarmLink was certified as a Community Development Financial Institution (CDFI) in 2013. It is one of the first agricultural CDFIs in the nation focused on sustainable and organic agriculture, and economic and environmental resilience.
