FCLF a Finalist in Wells Fargo NEXT Awards for Opportunity Finance

The 2014 Wells Fargo NEXT Awards for Opportunity Finance celebrate CDFIs expanding coverage – this year's theme is the Future of Housing Finance. Florida Community Loan Fund is pleased to announce that we have been chosen as a finalist in this highly competitive program, which provides awards to innovative CDFIs finding solutions to the shortage of affordable housing in low-wealth, low-income and distressed communities across the U.S. FCLF has been recognized for our efforts to expand our expertise and capital to more underserved communities in Florida through our Florida Preservation Fund.

Thanks to Wells Fargo, The MacArthur Foundation, the NEXT Awards Selection Committee, and Opportunity Finance Network.

Learn more at www.nextawards.org.

About the Florida Community Loan Fund. FCLF provides flexible capital and expertise, primarily to nonprofit organizations working in community development, through three financing programs: Community Development Fund, Florida Preservation Fund, and Florida New Markets Fund. Since its first loan in 1996, FCLF has originated more than $145 million in low-cost credit to projects throughout Florida and has leveraged an additional $445 million in loans and grants from various public and private sources for those projects. FCLF has a broad range of investors including most major financial institutions operating in Florida, individual, religious investors, national foundations, and trade associations. FCLF is certified both as a Community Development Financial Institution and a Community Development Entity, and is a member of Opportunity Finance Network.