National Community Capital Association

Philadelphia PA


NCC has a nationwide service area but anticipates focusing most of its activities in the states of California, Illinois, Massachusetts, Minnesota, New Hampshire, New York, and Pennsylvania. An estimated 50% of its activities will be targeted to urban areas and 50% of its activities will be targeted to rural areas.

CDFI Awards for National Community Capital Association


FA (2009) - $2,000,000

Opportunity Finance Network (OFN) is a certified CDFI established in 1984. OFN provides training, investor ratings, and financing at an intermediary level to CDFIs across the country. The CDFI will use its FY2009 Financial Assistance award to increase lending throughout its target market and as working capital for the operational advancement of the CDFI Assessment and Rating System (CARS™).



TA (2005) - $75,000

The awardee will use its 2005 TA grant of $75,000 for the purchase of equipment and technology associated with the opening of a new retail banking branch in East San Diego, California.



NMTC (2002) - $8,000,000

NCC intends to utilize its NMTC allocation to invest unsecured senior debt in member CDEs, many of which are CDFIs. These CDEs will in turn make debt and equity investments to businesses and to real estate projects, including community facilities and for-sale housing. With its NMTC allocation, NCC will be able to offer low-cost capital to CDFIs and significantly increase the total number of its CDFI investments.



CORE (2001) - $1,500,000

The CDFI Fund"s $1,500,000 grant will be used by NCCA to continue its training and technical assistance services for CDFIs, and provide greater assistance to small and emerging CDFIs.



CORE (1999) - $1,500,000

The NCCA will use its $1,500,000 capital grant from the CDFI Fund to increase its lending to more organizations and to introduce a number of new products, which are primarily related to channeling traditional, private sector investments to CDFIs.



CORE (1997) - $1,750,000

With the fund's assistance in the form of a grant for $1,750,000, NCCA will be able to make long-term, performance-based loans and equity grants and provide capacity building technical assistance and training to loan funds across the nation.

CORE (1997) - $1,750,000

With the CDFI Fund investment of $1,750,000, NCCA will make long-term, performance based loans and equity grants and provide capacity-building technical assistance and training to hundreds of CDFIs across the nation.



Other Community Development Financial Institutions in Pennsylvania





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