Community Capital NY is a catalyst for economic success, supporting community businesses that would be gone without us. As the largest not for profit funder of community businesses in the Hudson Valley, we use capital creatively to provide impact: quality jobs, revitalized Main Streets, financial independence, affordable homes, green initiatives and tax revenues. And as our loans are repaid, we re-loan the money to create new opportunity in our communities again and again.

 

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What is a CDFI?
Community Capital is an SBA-approved Community Development Financial Institution (CDFI), a nonprofit financial institution that is 100% dedicated to delivering responsible, affordable lending to help low-income, low-wealth and other underserved people and communities join the economic mainstream.

CommunityCapital

Mission

Community Capital drives large scale change by investing in community businesses . We provide loans to communities and individuals that the market cannot or will not provide, fostering opportunity, creating impact and changing lives.


Financial and Social Impact

• More than $25 million in housing and small business loans and investments

• Over 2100 homes created or preserved

• More than 300 jobs created or retained

• Seventy-five percent of recipients represent an ethnic minority and 66% are women

• Thousands of dollars of tax revenues generated for our communities, lessening the carbon footprint and making our communities more vibrant and sustainable

Products and Services

• Loans to for profit and nonprofit real estate developers in seven counties to create affordable homes for our diverse workforce, young people and retirees

• Loans to small businesses that banks cannot or will not serve, helping community businesses to get their start or expand

• Workshops, training and one on one coaching to help entrepreneurs achieve success