Impact Investment Fund

 

What is impact investing?

When the value placed on social impact outweighs the value of maximizing profit. First and foremost, we evaluate projects based on the impact they can have in areas of affordable housing, small business development, community facilities, and green energy. Often these types of projects are overlooked by large, traditional banks because they are not deemed profitable enough. In many cases, these projects just need creative financing and a lot of patience to make the deal work.  That is where City First Enterprises comes in.

Affordable Housing
Mighty_Icons-v1-PrintReady-Draft2 copy 7 CFE provides financing for low and moderate-income housing, mixed-use projects with a residential component, and market rate housing located in areas where development of such markets will have a positive impact on the community
Small Business

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CFE provides financing to entrepreneurs looking to start or grow their business. CFE also supports business owners through targeted advisory services and expertise. 
Community Facilities

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CFE provides financing for projects that have a significant economic development impact on a distressed community. This includes financing for facilities owned or operated by nonprofits, including health centers, charter schools, child care organizations, community centers, and arts organizations.
Green Energy

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CFE seeks to encourage energy efficiency in all of the projects it finances. CFE takes a broad view of energy efficiency and supports best practices in new construction and gut rehabs as well as retrofits to existing in-service buildings.

 
   


Construction

Bridge

Acquisition

Predevelopment

Term Loan

Earnest Money Deposit

Construct new or rehabilitate existing property

Short term financing to cover gaps in acquisition or construction, with a clear repayment in sight.

Purchase vacant land, multifamily buildings, commercial buildings for residential or owner occupied commercial space

Pre-acquisition covering design permitting, third party reports, and other pre-construction costs.

Small business financing for equipment or inventory

 

$75,000-$800,000*

$50,000-$800,000*

$75,000-$800,000*

$30,000-$200,000

$50,000-$250,000

$50,000-$250,000

*For certain deals, CFE can consider larger loans with partner lenders.

 

Fill out the Pre-Application Here