Washington Heights and Inwood Development Corporation

New York NY


Washington Heights and Inwood Development Corporation (WHIDC) is a nonprofit organization incorporated in 1978. The mission of the organization is to provide capital for small business start-up and expansion in order to foster business ownership and local job creation for residents of its Northern Manhattan service area. WHIDC achieves this mission through the provision of loans and the technical assistance to entrepreneurs.

CDFI Awards for Washington Heights and Inwood Development Corporation


SECA (2001) - $75,000

The CDFI Fund"s financial assistance grant will assist the organization increase its lending capacity and the technical assistance grant will be used for consulting services and board of director and staff development.



SECA (1998) - $40,000

The WHIDC is being awarded a $40,000 Technical Assistance grant from the CDFI Fund that will be used to increase its operational efficiency and market exposure. Specifically, the grant will be used to acquire computer hardware, accounting and loan software, and related staff training. Also, WHIDC will obtain professional consulting services in the area of marketing analysis and strategy.



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