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Seedco
915 Broadway, Suite 1703New York NY, 10010
CDFI Awards for Seedco
FA (2004) - $1,168,771
SEEDCO will use the award to expand its economic development lending activities into Hot Zones and Investment Areas in Memphis, Tennessee under its Memphis Neighborhood Economy Initiative. The Memphis NEI is designed to fill a critical capital gap for small business loans in two targeted Investment Areas in Memphis that have a large Hot Zone concentrations. The loan fund would compliment SEEDCO"s current New Marekts Tax Credit investment activities in Memphis.
FA (2003) - $1,325,000
The Fund"s $1,325,000 award will be used to capitalize a targeted loan fund in support of the Alabama Community Preservation and Development Program, a new initiative started by Seedco in 2002. The new loan fund will provide financing to community development corporations to develop new affordable homeownership in Alabama"s urban and rural Hot Zones; to support its anti-predatory lending initiative; and support emerging minority entrepreneurs in rural Alabama that have little access to outside credit. Approximately 61% of this award will be targeted to Hot Zones.
CORE (2002) - $785,000
A grant from the CDFI Fund of $750,000 and technical Assistance of $35,000, will assist SEEDCO in continuing its loans and technical assistance to non-profits that serve low-income people in New York.
SECA (2000) - $60,000
The profile for this award is not currently available.
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
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BOC Capital Corp.
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Carver Federal Savings Bank
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CDCLI Funding Corporation, Inc.
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Citibank NMTC Corporation
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Commercial and Industrial Capital Corporation
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Credit, Inc.
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GS New Markets Fund
New York
HEDC New Markets, Inc
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Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
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JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
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Nos Quedamos
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NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
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Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
Featured Government Grant Resources
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
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.
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
