Loan Fund
Asset Classes ServedCommercial Real Estate, Community Facilities - Childcare, Community Facilities - Education, Community Facilities - Healthcare, Community Facilities - Other, Multi-Family Housing, Small Business, New Market Tax Credit, Rural
Geographies ServedArizona, California, New Mexico, Nevada
Services ProvidedNMTC, Social Impact
Organization Websitehttps://www.clearinghousecdfi.com/
Interest Areas
Diversity Equity and Inclusion
Education
Environment/Energy
Health
Housing
Minority
Native
Small Business
Urban
Clearinghouse CDFI addresses unmet credit needs throughout the U.S. with a focus on CA, NV, AZ, NM, & Indian Country. Over the past 24 years, Clearinghouse CDFI has funded $1.9 billion in total loans for over 1,900 projects, which have created or retained more than 21,500 jobs and benefit over 1.9 million individuals.
Our Products
Clearinghouse CDFI finances direct loans for affordable housing, community facilities, small businesses, and commercial real estate. Loan types include construction, acquisition, renovation, expansion, and refinance. Clearinghouse CDFI offers both short- and long-term, permanent, fixed-rate mortgages from 3-years to 24-years fully amortizing.
Other products include:
- CORE Lending Program – We finance projects that improve communities. This includes commercial loans tailored from $250k-$12 million & multi-Family loans tailored up to $15 million. Types include community facilities, affordable housing, commercial real estate, small business, Sovereign Nations, & more. Learn more >>
- CDFI Bond Guarantee Program - CCDFI increased BGP borrowings by $16 million in 2020, ending the year at $261 million in outstanding borrowings from BGP. CCDFI has remaining borrowing capacity of $63 million under the 2018 BGP allocation but applied for and received an additional $100 million in 2020 that is also fully available. Learn more >>
- New Markets Tax Credit Program - Clearinghouse CDFI is one of the largest New Markets Tax Credit (NMTC) Program participants with over $593.6 million in NMTC allocation deployed since inception. Learn more >>
- Opportunity Funds - CCDFI now offers a unique vehicle for community development financing— the Clearinghouse CDFI Opportunity Fund. It also closed the first CDFI-sponsored project in the nation. Learn more >>