Corporation for Economic Development of Harris County, Inc.

Houston TX


Corporation for Economic Development of Harris County, Inc. (CEDHC) is a nonprofit small business loan fund that seeks to increase employment opportunities for low- and moderate-income people in the Houston, Texas area. CEDHC provides financing of up to $250,000 (generally in partnership with conventional bank lenders) to small businesses that are typically located in economically disadvantaged neighborhoods throughout Houston and have strong potential for increasing both revenues and employees. In exchange for below-market loan rates, CEDHC mandates that its business borrowers make at least 51 percent of all new jobs available to low- or moderate-income individuals.

CDFI Awards for Corporation for Economic Development of Harris County, Inc.


CORE (2000) - $500,000

The Fund"s $500,000 loan will help capitalize CEDHC"s efforts to expand its lending throughout the City of Houston and into part of the surrounding counties, particularly targeting certain low-income Latino neighborhoods.



SECA (1999) - $40,000

The technical assistance grant will be used to expand the lending staff"s credit and computer skills purchase computers and printers and develop a marketing and communications plan.



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