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AAFE Community Development Fund
111 Division StreetNew York NY, 10002
CDFI Awards for AAFE Community Development Fund
FA (2007) - $385,520
In 2000, the Asian Americans for Equity, Inc. created the Community Development Fund (AAECDF). AAECDF is a certified CDFI and offers an array of services to Asian Americans living in the New York City metropolitan area. It offers such services as: 1) second mortgage purchase loans; 2) First Home Club IDAs; 3) down payment assistance to first-time homebuyers; and 4) rehabilitation and emergency repair loans. AAFECDF will use its FY07 FA award for homeownership loans in its target market and its TA award for outreach, homeownership counseling, and marketing materials.
CORE (2000) - $700,000
The CDFI Fund"s $700,000 capital grant will assist the organization in providing second mortgage purchase loans, home repair loans, conversion loans, emergency repair loans, homeownership workshops in English, Chinese, and Korean, and one-to-one counseling in Hindi, Khmer, and Vietnamese.
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
Hogansburg
BOC Capital Corp.
Brooklyn
Carver Federal Savings Bank
New York
CDCLI Funding Corporation, Inc.
Centereach
Citibank NMTC Corporation
New York
Commercial and Industrial Capital Corporation
Staten Island
Credit, Inc.
Bronx
GS New Markets Fund
New York
HEDC New Markets, Inc
New York
Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
Hogansburg
JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
New York
Nos Quedamos
Bronx
NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
New York
Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
Featured Government Grant Resources
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Social Entrepreneurship
Spotlight
The U.S. Government on Cultivating Impact Investing And Social Enterprise
According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.
