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, 2019-2023
$38.2 million
invested in Areas of Economic Distress
24,972
community beneficiaries (e.g., health clinic patients, childcare slots)
2,809
housing units created or preserved, benefiting 5,794 people
73 loans totaling $37.5 million
to Latino- and African-American/Black-led businesses
$20.7 million
invested in 43 women-led businesses
1,574 jobs
created and/or retained
$21.6 million
invested through 40 loans in DC Wards 7 and 8
The Impact of Managed Grants, 2020-2023
- 5,448 applications processed
- $106.7 million disbursed
- 324 housing units preserved through funding small housing providers
- 2,225 tenants retained housing
- 3,404 small businesses funded
- 1,155 majority women-owned businesses received $33.9 million
- 1,100 minority-owned businesses received $59.5 million
- 186 small businesses funded in DC Wards 7 and 8
- 35,000+ jobs retained or created
Past Annual Impact Reports
