Capital District Community Loan Fund

255 Orange Street, #103
Albany NY, 12210


Established in 1985, Capital District Community Loan Fund, Inc. (CDCLF) is a certified CDFI that provides access to capital and economic opportunity in low-income and disadvantaged communities in New York.

CDFI Awards for Capital District Community Loan Fund


FA (2005) - $475,000

CDCDF will use the $475,000 financial assistance award to create a new affordable housing development permanent loan product, expand its micro-enterprise lending activities, and leverage the equity with over $2 million in new debt financing to grow its total capitalization from $6 to $10 million over the next three years.



TA (2004) - $48,200

Capital District Community Loan Fund, Inc. (CDCLF) will use the award to obtain consultant expertise for strategic planning, website upgrades, computer and accounting program set-ups, networking and training; acquisition of computer hardware, software and equipment; and staff technical training.



CORE (2000) - $530,000

The CDFI Fund"s $530,000 award ($500,000 capital grant and $30,000 technical assistance grant) will increase the organization"s lending capital and will increase its organizational capacity as a lender through training, product analysis and enhanced technology.



CORE (1998) - $290,000

With the help of the CDFI Fund, CDCLF will significantly expand its lending activities and build its organizational capacity.



Other Community Development Financial Institutions in New York





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The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.




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