AAFE Community Development Fund

111 Division Street
New York NY, 10002


AAFE Community Development Fund (AAFE) provides financing and homeownership counseling primarily to Asian-American immigrants throughout New York City.

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





Featured Government Grant Resources


Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.







What Are Opportunity Zones

Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.




Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”









More Federal Domestic Assistance Programs


Grants to States for Access and Visitation Programs | Rehabilitation Training_Continuing Education | Community Programs to Improve Minority Health Grant Program | Keweenaw National Historical Park (NHP) and Keweenaw NHP Advisory Commission Partner Enhancement Gra | Land Sales_Certain Subdivided Land |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2024 Copyright Michael Saunders