South Hartford Initiative

Hartford CT


South Hartford Initiative has been providing home and business loans to one of the most economically disadvantaged areas of Hartford, CT. Efforts of the South Hartford Initiative have resulted in loans of $3.8 million dollars and additional leveraged capital of $8.4 million for 46 businesses in South Hartford.

CDFI Awards for South Hartford Initiative


FA (2007) - $320,605

Hartford Community Loan Fund is a certified CDFI established in 1997 as the South Hartford Initiative. It provides small business and affordable housing financial services to a low-income target population in Hartford, Connecticut. Hartford Community Loan Fund will use its FY07 FA award to help expand its small business loan participation program citywide. It will use its TA award to: 1) attend capacity building workshops; 2) obtain consulting services to market its program citywide; and 3) purchase computers and related technology.



TA (2004) - $41,500

South Hartford Initiative will use the aware to provide funding for a market analysis and strategic planning for future expansion, a capitalization plan, planning for cash management and technology, staff training and technology improvements.



SECA (2002) - $35,100

The Fund"s technical assistance grant will be used to develop a bilingual website, purchase portfolio management software, train staff and develop and publish a marketing brochure.



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