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El Paso Collaborative for Community and Economic Development
El Paso TXCDFI Awards for El Paso Collaborative for Community and Economic Development
FA (2008) - $580,000
El Paso Collaborative for Community and Economic Development (El Paso Collaborative) is a certified CDFI established in 1996 The El Paso Collaborative provides home improvement loans, consumer loans, real estate loans for affordable housing development, business loans and microenterprise loans to Hispanics, African Americans and American Natives in El Paso County, Texas It will use the 2008 Technical Assistance grant of $80,000 to: 1) pay salary and benefits for staff; and 2) pursue the CDFI Assessment Rating Tool It will use the 2008 Financial Assistance award of $500,000 to increase its lending capital and to continue providing its financial products and development services.
TA (2006) - $68,440
El Paso Collaborative for Community and Economic Development (Collaborative) is a certified CDFI established in 2001. Collaborative provides affordable housing and small business development services to a Low-Income Targeted Population in El Paso, Texas’ colonias. Collaborative will use the 2006 TA grant of $68,440 to 1) engage opportunity finance network consulting services to analyze the portfolio of short-term loans provided to residents of the colonias.; 2) seed the first year of staff salary for a Loan Fund Coordinator; 3) upgrade loan software and acquire grants management software; and 4) allow at least two staff members to attend the Opportunity Finance Network’s Annual Training Conference.
SECA (2001) - $35,000
The technical assistance award will be used to purchase consulting services and technology, and for staff development.
Other Community Development Financial Institutions in Texas
ACCION Texas, Inc.
San Antonio
Azteca Community Loan Fund
San Juan
Bexar County Teachers Federal Credit Union
San Antonio
Community Development Corp. of Brownsville
Brownsville
Community Development Loan Fund
San Antonio
Community Development Loan Fund (CDLF)
San Antonio
Equitrend Capital
Amarillo
Neighborhood Housing Services of Dimmit County, Inc.
Carrizo Springs
PACESETTER CDE INC
Richardson
Rural Development and Finance Corporation
San Antonio
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