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CDFIs Mark Milestones

  • The Community Loan Fund of the Capital Region is marking it’s 35th anniversary on Wednesday, October 21 from 5:30 – 6:30 p.m. with a Zoom event. Since 1985, the Community Loan Fund has made 939 loans, totaling nearly $63 million, and leveraging an additional $262 million. Those projects have resulted in more than 2,926 jobs created or retained. Register here to learn more about their borrowers, their investors, and what the future holds for the Community Loan Fund.

  • Community Capital New York is celebrating 30 years of driving capital, building prosperity and transforming neighborhoods in 2020. Since 1990, CCNY has invested $42 million; built, preserved or enhanced 3,400 safe, affordable homes; made more than 300 small business loans, and supported the creation or retention of 5,700 jobs. A nonprofit alternative lender, they serve eight counties in the Hudson Valley and Fairfield County, CT.

  • The New York State CDFI Coalition was founded 25 years ago as a project of the National Federation of Community Development Credit Unions under Cliff Rosenthal’s leadership. Initial support from the Robert Sterling Clark Foundation launched the Coalition. Cathie Mahon (now President/CEO of Inclusiv) was hired as the first Coordinator. The steering committee was soon expanded to include leaders from Alternatives Federal Credit Union (Ithaca), Rural Opportunities, now Pathstone (Rochester) and the Community Loan Fund of the Capital District. Many of these institutions are still represented on the Coalition’s board.

We welcome CDFIs, stakeholders, and government officials to join the NYS CDFI Coalition as members, supporters, or sponsors. Together, we can support the work – and celebrate the milestones – of the CDFIs that foster more vibrant, healthy, and just communities across New York State for decades to come.

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