Chattanooga Neighborhood Enterprise, Inc.

1301 Market Street, Suite 100
Chattanooga TN, 37402-4455


Chattanooga Neighborhood Enterprises (CNE) was formed in 1986 to develop, finance, renovate, and manage affordable housing for low- and moderate-income families in Chattanooga, Tennessee. CNE operates four basic programs: development of affordable housing, property management, home improvement loans, and homeownership loans.

CDFI Awards for Chattanooga Neighborhood Enterprise, Inc.


FA (2007) - $960,000

Established in 1986, Chattanooga Neighborhood Enterprise (CNE) is a certified CDFI. It provides second mortgages, home improvement loans, education, and counseling to low-income residents in an effort to curb predatory lending in its target market. CNE will use the FY07 Financial Assistance award to increase lending in its second mortgage portfolio. It will use the FY07 Technical Assistance grant to hire an outreach and loan counselor who will assist help low-income households become homeowners.



CORE (2000) - $2,000,000

The CDFI Fund"s $2,000,000 capital grant will support the growth of the organization"s lending and its technical assistance activities for borrowers and potential borrowers. The CDFI Fund"s award is one of the first CDFI Core Component awards in Tennessee.



Other Community Development Financial Institutions in Tennessee





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Small Business Innovation Research Phase IIB Bridge Awards

In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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