CO community development financial institutions and Nonprofit lenders
We work in neighborhoods across the United States to provide affordable, responsible credit, create and sustain jobs, and to stabilize communities. CDFIs finance community businesses, including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing.
CO Small Business CDFI’s and Nonprofit Lenders
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Colorado Lending Source: Colorado Lending Source is a mission-based lender that offers financing to small businesses from $5,000 up to $5.5 million, by partnering with Small Business Administration and banks. They also offer entrepreneurship education.
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Colorado Enterprise Fund: Colorado Enterprise Fund, a certified nonprofit Community Development Financial Institution, loans up to $500,000 to small businesses and start-ups unable to secure traditional bank financing. They also offer business advising and coaching to borrowers statewide for the life of their loans.
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Colorado Fresh Food Financing Fund: The Colorado Fresh Food Financing Fund (CO4F) improves access to healthy food in underserved Colorado communities by financing grocery stores and other forms of healthy food retail. This statewide fund is anticipated to leverage $20 million in investment.
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Colorado Housing Assistance Corporation: Colorado Housing Assistance Corporation (CHAC) was founded in 1982 as a 501©(3), not for profit agency. Our focus is HOMEOWNERSHIP. We have a variety of programs and services that include:
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Colorado Enterprise Development Services: CEDS Finance supports the American Dream of financial self-sufficiency by assisting immigrants, refugees and those from underserved communities to start, grow or strengthen their small business in Metro Denver.
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Colorado Nonprofit Loan Fund: The Colorado Nonprofit Loan Fund, formerly the Community Cash Flow Fund, has funds available for loans to nonprofit organizations to help bridge cash flow timing problem
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Dreamspring: Dreamspring increases access to business credit, makes loans, and provides training to enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change.
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The First Southwest Bank Community Loan Fund: The First Southwest Community Fund Intermediary Relending Program (IRP) provides low cost loans to businesses in rural communities that create jobs.
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IRC’s Center for Economic Opportunity: The International Rescue Committee’s Center for Economic Opportunity (CEO) is a unique non-profit Community Development Financial Institution (CDFI) Loan Fund that specializes in making flexible, affordable consumer and microenterprise loans to borrowers with little access to traditional financing.
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Oweesta Fund: Oweesta is supported by both debt and equity investments to our capitalization base allowing us to offer diverse financial products and development services to Native communities across the nation.
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Rocky Mountain MicroFinance Institute: The Rocky Mountain MicroFinance Institute (RMMFI) is a community creating economic and social mobility through entrepreneurship. It helps curious people transform into serious entrepreneurs through personal, business, and financial investments.
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Shared Capital Cooperative: Shared Capital Cooperative is a national CDFI loan fund that connects co-ops and capital to build economic democracy. Working with capital invested by the cooperative sector and its allies, we provide financing for the expansion and startup of cooperatively-owned businesses and housing throughout the United States.
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Sheo: SheEO is a global community of women radically transforming how we finance, support, and celebrate female innovators.
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Sixup: Sixup™ offers student loans to low-income students with high potential. It only takes a few minutes to apply.
CO Housing and Real Estate Development
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Artspace: Artspace is the leading non-profit developer of live/work artist housing, artist studios, arts centers and arts-friendly businesses in the U.S.
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Colorado Housing and Finance Authority: CHFA’s mission is to strengthen Colorado by investing in affordable housing and community development.
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Enterprise Community Partners: Enterprise is expanding the production and preservation of affordable housing in the region by investing capital, innovating solutions and advocating policy.
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Impact Development Fund: Impact Development fund is a Non-Profit CDFI lender, providing Colorado with affordable housing loans to better our communities.
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Midwest Housing Development Fund: To promote sustainable community development and quality of life in the Midwest by providing resources for the development of affordable housing.
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Mile High Community Loan Fund: Founded in 1999 as a community-based, nonprofit organization providing early-stage capital for entities developing affordable housing, Mile High Community Loan Fund is now an $18 million fund that helps finance: the development or preservation of affordable housing; the development, redevelopment or renovation of commercial real estate; and the purchase, rehabilitation and/or construction of facility space by nonprofits serving low-income populations.
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PLACE: PLACE is a 501(c)(3) nonprofit team collaborating with cities to design and build mixed-income, transit-oriented developments that feature the arts and affordable living opportunities.
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Rural Community Assistance Corporation: RCAC is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions.
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Urban Land Conservancy: The Urban Land Conservancy (ULC), a nonprofit organization, uses real estate to benefit urban communities in the Denver area, preserving community assets.
Foundations
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AJL Foundation: AJL Foundation’s mission is to invest in people, programs and movements that benefit Colorado’s youth and families.
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Kenneth King Foundation: Improving Lives With Access To Meaningful Employment, Entrepreneurship Education And Basic Human Services.
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NPX: NPX created a new donor fund model with an unparalleled advantage: linking funding with impact so that donors only donate if and when impact is achieved.
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The Denver Foundation: The Denver Foundation’s Impact Investing Fund helps the Foundation leverage its responsive and directed Community Grants with Impact Investments.
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The Dakota Foundation: The Dakota Foundation is a non-profit organization founded in 1997 by A. Bart Holaday to focus his philanthropic efforts on initiatives that foster social entrepreneurship and enhance self-sufficiency.
Pre-Accelerators, Academies, Accelerators, Incubators, and Support Services
Investor Clubs
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Boulder Investor Group: The Boulder Investment Group (BIG) consists of 350-plus accredited investors interested in furthering their knowledge of various asset classes
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CO CDFI and Nonprofit Lender Club
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Rockies Venture Club: The Rockies Venture Club is an angel investing group dedicated to accelerating economic development by educating and connecting investors and entrepreneurs.
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Social Venture Circle: Social Venture Circle (SVC) is a membership network that equips entrepreneurs, impact investors, and capacity-builders with connections, money, and expertise in order to build businesses that drive the NEXT economy: one that is regenerative, equitable and prosperous for all.
If we are missing a resource, please email us at [email protected] and we will update this webpage!
Resources:
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Background Reading
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Gripne, S. L., Kelley, J., & Merchant, K. 2016. Laying the Groundwork for a National Impact Investing Marketplace. The Foundation Review, 8(5). https://doi.org/10.9707/1944-5660.1341
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Thorpe, D. 2016. Is this Wildlife Conservation PhD, the Next Steve Jobs of Impact Investing? Forbes. https://www.forbes.com/sites/devinthorpe/2016/06/22/is-this-wildlife-conservation-phd-the-steve-jobs-of-impact-investing/#27795eaf1924
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Blogs
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Podcast