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Enterprise Housing Financial Services
Columbia MDCDFI Awards for Enterprise Housing Financial Services
FA (2008) - $1,000,000
Enterprise Community Loan Fund, Inc (ECLF) is a certified CDFI established in 1990 ECLF provides short-term loans for affordable multifamily housing and single-family home development throughout the U S ECLF will use the FY08 Financial Assistance award of $1,000,000 to capitalize its loan fund.
FA (2007) - $860,000
Enterprise Community Loan Fund (ECLF), formerly Enterprise Housing Financial Services, is the lending affiliate of Enterprise Community Partners (formerly The Enterprise Foundation). ECLF is a certified CDFI established in 1990. ECLF provides short-term loans for affordable multifamily housing and single-family home development. Its loans can be used for predevelopment, land and building acquisition, and new construction or rehabilitation. These products are used throughout ECLF’s primary markets that center on 14 major urban areas across the U.S. ECLF will use the FY07 Financial Assistance grant to capitalize its loan fund. The additional capitalization will allow ECLF to respond address demand for its products outside the geographic and programmatic boundaries set by its other investors.
FA (2005) - $1,398,750
EHFS will use the 2005 financial assistance grant of $1,398,750 to increase its lending activity, reduce the cost of its products and loosen current geographic restrictions imposed by other funders.
Other Community Development Financial Institutions in Maryland
Advance Bank
Baltimore
Baltimore Community Lending, Inc.
Baltimore
CDF Development, LLC
Baltimore
Charter Facilities Funding, LLC
Clarksville
Community Development Ventures, Inc.
Baltimore
Development Credit Fund, Inc. (DCF)
Baltimore
ESIC New Markets Partners, LP
Columbia
Faith Fund, Inc.
Baltimore
First Combined Community Federal Credit Union
UPPER MARLBORO
Harbor Bankshares Corporation
Baltimore
Maryland Capital Enterprises, Inc.
Salisbury
McAuley Institute
Silver Spring
Mid-City Community CDE, LLC
Bethesda
Native American Capital, LP (NAC)
Silver Spring
Urban Research Park CDE, LLC
Hunt Valley
Featured Government Grant Resources
Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.
Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Social Entrepreneurship
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When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
