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.
Cooperative Business Assistance Corporation(CBAC) is a Community Development Financial Institution dedicated to small business lending in low-income urban areas in Southern New Jersey. By strengthening small businesses, CBAC creates jobs, provides necessary services to local residents, and rehabilitates vacant properties, thus stabilizing area neighborhoods. Since inception, CBAC has made loans totaling over $21.9 million and has retained and created almost 2,900 jobs.
The Cooperative Fund of New England (CFNE) was founded in 1975 by co-op activists and social investors to provide financial and technical assistance to food cooperatives. Since then, the organization has expanded its focus, offering development loans and technical assistance to a wide range of co-ops and nonprofit groups that share CFNE’s vision of equality, justice, and social responsibility. A “virtual” organization, CFNE serves the New England region through an administrative office in North Carolina and four outreach offices in New England.
The Corporation for Supportive Housing (CSH) is a national CDFI that helps communities create permanent housing with services to prevent and end homelessness. We fulfill our mission by providing technical assistance, training, grants and loans to project sponsors, service providers, affordable housing developers and government partners; and by advocating for a more favorable policy environment for supportive housing creation and operation. Lending is integral in our approach to fostering supportive housing creation at scale.
Dakota Resources builds stronger communities by building stronger community
development organizations. Founded in 1996, Dakota Resources offer a variety of innovative
financing products and training programs to organizations dedicated to increasing economic opportunity
in rural South Dakota. By researching products and services and adapting them to the needs of local
organizations. Dakota Resources is bringing important new tools to South Dakota and making
a real difference in the lives of its people.
Detroit Development Fund is a non-profit, CDFI providing business loans and lines of credit to small business owners, rehabbers, and developers with companies and projects in the City of Detroit. Our mission is to improve the quality of life in underserved Detroit neighborhoods and for Detroit residents. Since 2001, Detroit Development Fund has committed over $21.5 million to businesses and real estate projects in the City of Detroit that resulted in retaining and creating over 1500 jobs and returning over 750 housing units back to the market at rates affordable to low-moderate income residents. Loan sizes typically range from $50,000 to $200,000 for most products.
Established in 2004 and certified as a CDFI in January 2005, ECDI is the only microlender for the city of Columbus and Franklin County government; and the sole CDFI microlender and SBA microloan intermediary in central Ohio. To meet its mission, ECDI offers microenterprise training, microloans, and other asset-building programs, all of which provide clients with financial assistance as well as the knowledge to maintain self-sufficiency well after the loan term. ECDI continues to grow dramatically and set an aggressive strategic agenda to expand services, introduce new financial products and services, and reach out to additional vulnerable populations.
The mission of WORC is to promote social and economic self-sufficiency primarily for economically disadvantaged women and their families. WORC provides training, individual business assistance, incentive savings program, job placement, and access to business and financial resources. WORC empowers its constituents through various self-help strategies including savings, a self-employment network, and access to its local and national affiliations. Additionally, WORC encourages community awareness and responsiveness concerning issues impacting economic equity and independence.
The Enterprise Fund of Erie County, Inc. became a certified CDFI in 2011 and was established in 1986 as a 501c3 non-profit with a mission to "create jobs for low/moderate income individuals." The FUND is a revolving loan fund that provides loans to profit, non-profit, and start-up businesses. Loan sizes range from $25,000 to $450,000, and include a microloan program ranging from $10,000 to $25,000.
