Resilient Communities Through Collaboration + Investment
Access to finance means access to opportunity.
The ripple effect of CFE’s financial investments and business expertise is felt across neighborhoods and across generations. We are in it for the long haul — helping local residents remain in their homes, affordable housing developers save money on green energy, and small business owners and community organizations grow. We also serve in the critical role of financial first responder, working alongside local government agencies to deploy relief funds to small businesses, enabling them to pivot in the face of COVID-19.
The Impact of the Equitable Growth Fund, 2019-2022
$32.9 million
invested in Areas of Economic Distress
23,832
community beneficiaries (e.g., health clinic patients, childcare slots)
1,895
housing units created or preserved, benefiting 3,982 people
56 loans totaling $28.6 million
to Latino- and African-American/Black-led businesses
$12.9 million
invested in 31 women-led businesses
1,224 jobs
created and/or retained
$19.4 million
invested through 29 loans in DC Wards 7 and 8
The Impact of Managed Grants, 2020-2022
- 5,026 applications processed
- $96.8 million disbursed
- 2,225 housing units preserved through funding 324 small housing providers
- 4,000+ tenants retained housing
- 2,781 small businesses funded
- 952 majority women-owned businesses received $20.2 million
- 762 minority-owned businesses received $37.9 million
- 201 small businesses funded in DC Wards 7 and 8
- 35,000+ jobs retained or created