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Liberty Financial Services
6600 Plaza Dr., Suite 600New Orleans LA, 70127-5709
CDFI Awards for Liberty Financial Services
FA (2009) - $2,000,000
Liberty Financial Services is a for-profit financial service certified CDFI founded in 1985. Headquartered in New Orleans, Liberty Financial Services offers banking services, consumer lending, home purchase mortgage financing and business lending for low income customers throughout the Gulf Coast region. Liberty Financial Services will use its FY 09 FA award will be used to make equity investments in small businesses and creating jobs within its service areas.
FA (2008) - $1,096,470
Liberty Financial Services (LFS) is a certified CDFI established in 1986. LFS’s community bank subsidiary provides full service banking and financial services to distressed markets in New Orleans, Louisiana; Baton Rouge, Louisiana; Jackson, Mississippi; and Houston, Texas. LFS will use the FY08 Financial Assistance award of $1,000,000 to fund a new first time homebuyer program targeted to borrowers affected by Hurricane Katrina. LFS will use the FY08 Technical Assistance grant of $96,470 to fund the salary of a new bilingual financial literacy and housing specialist and to build internal IT capabilities.
Other Community Development Financial Institutions in Louisiana
ASI Federal Credit Union
Harahan
Capital One Community Renewal Fund, LLC
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Dryades Savings Bank, FSB
New Orleans
Eagle Louisiana Federal Credit Union
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Enhanced Delta Community Development, LLC
New Orleans
Liberty Bank and Trust Company
New Orleans
Liberty Financial Services
New Orleans
National Cities Fund, LLC
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New Orleans Community Development Fund
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NEWCORP Business Assistance Center
New Orleans
Red River Valley BIDCO, Inc.
Shreveport
Southern Mutual Financial Services, Inc.
New Iberia
Stonehenge Community Development, LLC
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Whitney New Markets Fund, LLC
New Orleans
Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Social Entrepreneurship
Spotlight
New Vineyard Philanthropy Group Supports Island Youth
MVYouth, a newly formed Vineyard philanthropy group with a mission to support Island youth, will pledge $4 million over the next four years to a diverse set of youth causes.
