Finance and Sustainability -- Community Development
Department of Treasury--Community Development Financial Institutions
Created to expand the availability of credit, investment capital,
and financial services in distressed urban and rural communities.
The Fund's activities leverage private-sector investments from
banks, foundations, and other funding sources. Since the Fund's
creation, it has made more than $534 million in awards to community
development organizations and financial institutions.
Community Development Venture
Capital Alliance (CDVCA)
Promotes venture capital tools to create jobs, entrepreneurial
capacity and wealth to advance the livelihoods of low-income
people and the economies of distressed communities.
Corporation for Enterprise
Fosters widely shared and sustainable economic well-being. CFED
promotes asset-building and economic opportunity strategies,
primarily in low-income and distressed communities, that bring
together community practice, public policy, and private markets
in new and effective ways.
National Congress for Community
Represents over 3,600 community
development corporations (CDCs) across America. CDCs
produce affordable housing and create jobs through business
and commercial development activities. NCCED services the community
development industry through public policy research and education,
special projects, newsletters, publications, trainings, conferences,
and specialized technical assistance.
Local Initiatives Support
Assists local community development corporations (CDCs) in their
efforts to transform distressed neighborhoods into healthy communities.
LISC marshals private-sector support and extends technical and
financial support to CDCs in the form of grants, loans, and
equity investments that match locally raised funds.
Social Venture Network
Promotes new models and leadership for socially and environmentally
sustainable business in the 21st century. SVN champions this
effort through initiatives, information services and forums
that strengthen our community and empower our members to work
together on behalf of their shared vision.
SJF Advisory Services seeks to promote self-sufficiency for
low-income individuals by assisting sustainable enterprises
to create, retain and enhance long-term jobs for the residents
of economically distressed communities..
Community Capital Association
Provides a locator database for Community Development Financial
Institutions--financial institutions with community development
as their primary mission. They include community development
banks, credit unions, loan funds, and venture capital funds,
as well as microenterprise development loan funds. These institutions
find ways to make loans and investments that conventional financial
institutions would consider unbankable, and they link financing
to other developmental activities.
Works locally and nationally to promote community reinvestment
and economic development in lower-income and minority communities.
Offers an extensive Publications
List on community development finance.
Investment Forum's Community Investment Information
Describes investment strategies that support development initiatives
in low-income communities both in the U.S. and in developing
countries. Community Investment provides affordable housing,
creates jobs, and helps responsible businesses get started.
Lends to small businesses in the Pacific Northwest and provides
information on conservation improvements that can increase a
borrower's bottom line and the value of his or her business.
ShoreBank Pacific assists borrowers to use energy efficiently,
reduce waste and pollution, conserve natural resources, and
Department of Agriculture's Rural Development
Provides access to financial programs that support development
of water and sewer systems, housing, health clinics, emergency
service facilities, and electric and telephone service. Promotes
economic development by supporting loans to businesses through
banks and community-managed lending pools.
of Federal Domestic Assistance
Provides a government-wide compendium of Federal programs, projects,
services, and activities that provide assistance or benefits
to the American public. These programs provide grants, loans,
loan guarantees, services, information, scholarships, training,
insurance, etc., to millions of Americans every day.
and the Foundation Center
Both offer comprehensive services to assist communities and
non-profit organizations obtain grant funding. Both provide
extensive reference collections, often available at local libraries,
on private foundations and corporations that provide grants
in the U.S.
Bank's Socially Responsible Banking Program
Facilitates positive change in local communities by providing
an important source of lending capital. Offers greater interest
rate discounts to community groups, educational institutions,
small family farms, conservation groups and downtown revitalization
projects--organizations and individuals who may not otherwise
have the capacity to finance a much-needed loan.
Coalition of Community Development
The Coalition's mission is to promote the work of community
development financial institutions (CDFIs). It advocates on
behalf of the CDFI industry and educates the public about community
Articles and Publications
Banking: The Greening of Finance
An international collection of works relating to the greening
of finance. The book includes case studies and analysis from
contributors on four continents. The table of contents and a
sample chapter are available online.
Investments for City and County Managers: Energy, Environment,
and Community Development
Provides examples of local governments that have revamped operations,
increased resource use efficiency and promoted smart growth
for the future.
New York City Investment Fund: An Emerging Model For Corporate
Engagement in Urban Development
Examines the Fund's efforts to rejuvenate a city's economy.
"Can Savings Support Your Community? Bank On It."
An article in The Christian Science Monitor says community investing is one of the fastest growing sectors in banking, and says anyone can participate through online banking.
National Guide to Funding for Community Development.
Lists funding sources throughout the U.S. for community development
Funding Sources for Community and Economic Development 1999:
A Guide to Current Sources for Local Programs and Projects.
Offers individuals, community organizations, and governments
access to the latest funding sources for community development
projects at the local level.
Business Finance as a Tool for Development, ISBN 0898431123
Reviews state-of-the-art finance strategies for starting businesses
using a community economic development approach.
Last updated: October 28, 2004
Back to Top