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National Community Capital Association
Philadelphia PACDFI 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
American Street Financial Services Center
Philadelphia
Beech Capital Venture Corporation
Philadelphia
Berean Federal Savings Bank
Philadelphia
Borinquen Federal Credit Union
Philadelphia
Commonwealth Cornerstone Group
Harrisburg
Community First Fund
Lancaster
economic opportunities fund
philadelphia
Enterprise Center Capital Corporation, The
Philadelphia
Housing Opportunities, Inc.
Homestead
Impact Loan Fund, Inc.
Philadelphia
Landmarks Community Capital Corporation
Pittsburgh
MetroAction Inc.
Scranton
Mon Valley Initiatives
Homestead
Murex Investments, Inc.
Philadelphia
National Community Capital Association
Philadelphia
New Horizons Community Federal Credit Union
Philadelphia
New Life Credit Union
Philadelphia
Northside Community Development Fund
Pittsburgh
Philadelphia Commercial Development Corp
Philadelphia
PIDC - Regional Development Corporation
Philadelphia
PNC Community Partners, Inc.
Pittsburgh
Progress Fund, The
Dawson
Reading"s Future, LLC
Reading
Reinvestment Fund, Inc., The
Philadelphia
Rising Tide Community Loan Fund
Bethlehem
Rural Enterprise Development Corporation
Bloomsburg
Technical Resources, Inc.
Philadelphia
Tri County Community Loan Fund
Uniontown
United Bank of Philadelphia
Philadelphia
Universal Capital Investment Fund, Inc.
Philadelphia
West Philadelphia Financial Service Institution
Philadelphia
Women and Families Facilities Fund
Philadelphia
Women"s Opportunities Resource Center
Philadelphia
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