FCLF Receives CDFI Fund Award

20 November 2019
The award allows FCLF to continue maximizing opportunities in Florida.

FCLF CDFI Fund Award

Florida Community Loan Fund, a statewide nonprofit creating high community impact through financing, has been awarded $852,000 by the U.S. Department of Treasury Community Development Financial Institutions (CDFI) Fund. 

As a statewide CDFI, Florida Community Loan Fund serves the 3rd most populated state in the U.S. In Florida, 16% of all households live in poverty, 32% are considered working poor – unable to afford basic necessities – and 2.8 million residents live with a disability. FCLF recently unveiled a strategic plan that will directly impact underserved populations through deployment of $365 million in financing through 2024. The CDFI Fund Award will assist FCLF in achieving its strategic goals and help the organization strengthen Florida’s communities by leading capital into low-income areas.

“Many Floridians struggle to secure affordable housing and lack adequate access to quality social services. The CDFI Fund award allows us to continue maximizing opportunities for people and places that are outside of the economic mainstream.” – Ignacio Esteban, FCLF CEO

FCLF’s affordable and patient capital finances housing and community facilities targeting Florida’s most vulnerable. Examples of FCLF-financed high-impact projects include:

  • Silver Creek - 81 affordable rental apartments and retail space to stimulate economic development in Miami.
  • Spinal Cord Living Assistance Development - accessible, affordable apartments with supportive services in Miami.
  • Evans Center - a fresh food grocery, healthcare clinic, and community meeting space in Brevard County.

Silver Creek, developed by Green Mills  SCLAD, Spinal Cord Living Assistance Development  Evans Center

 

"I appreciate FCLF for lending in rural areas, where many other lenders are exiting. From the first moment we spoke with FCLF staff, we felt we had a partner." – Jamie Kerr, President, AMCS Dev.

Griffin Heights

"Our relationship with FCLF provides the capital to achieve long-lasting impact." – Terri Murray, Exec Dir

Neighborhood Renaissance

"Cade Museum is proud to be partners with FCLF and JPMorgan Chase. Thanks to the NMTC Program, we will provide a transformative asset to our community." – Jennifer Denault, COO

Cade Museum for Creativity & Inventi…

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

“FCLF addresses local community needs, which aligns with our core values. We appreciate your commitment to our communities.” – Mellissa Slover-Athey, Comm Reinv Ofcr

CenterState Bank

"We look forward to continuing our successful relationship with FCLF and working together to meet the needs of our communities." – Nancy Merolla, VP/CRA Officer

Florida Community Bank

“Thanks to FCLF adults with disabilities are living independently, fully included in their community." – Sheryl Soukup, Exec Dir

Residential Options of Florida

"We consider FCLF a valued partner and strong advocates for low-income communities and families. We look forward to many more years of working together." – Jennifer Westerbeck, Vice President

US Bancorp CDC

"FCLF demonstrates a mission-oriented philosophy that is compatible and supportive, broadens our platform and deepens our portfolio of products and services." – Kent Adcock, CEO

Habitat for Humanity of Lake-Sumter

"Thank you to our friends at FCLF. Your staff has been patient and helpful. We'll make you proud!" – Bill Lazar, Executive Director

St. Johns Housing Partnership

"Thanks to FCLF, we are one step closer to providing a permanent housing solution for veterans and others seeking quality housing at an affordable price." – Carrie Davis, Executive Director

Wealth Watchers

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

"I recommend FCLF for attracting investment to the Florida Preservation Fund... I believe that says something about investor comfort." – Nancy Muller, Policy Director

Florida Housing Finance Corp.

"We appreciate the accomplishments your organization attains." - Robert Sucher, Executive VP

Sabadell United Bank

"We commend the important work of your organization, are glad to support its efforts." – Beverly Dabney

JPMorgan Chase Foundation

"Our partnership with FCLF allows us to build an attractive, state of the art facility that patients, staff, and community will be proud of." – Bakari Burns, President-CEO

Orange Blossom Family Health

"FCLF is a difference maker! Their team provides solutions to bring about real change in a community." – Tim Marks, President & CEO

Metropolitan Ministries

"The Fathers Table Foundation appreciates the services FCLF provides and the impact on the communities you serve. We believe in your organization and your mission." – Dan Gilardi, President

Fathers Table Foundation

"FCLF has a keen knowledge of Florida challenges & opportunities. We are confident our investment will be used to improve lives." – Kathleen Rizzo Young, Sr. VP, Community Development

HSBC Bank USA, N.A.

"FCLF understands and is a part of what we are doing: helping families have the American dream of owning a home." – Isaac Simhon, Executive Director

Housing Programs, Inc.

Our Partners

FCLF at Florida Housing Conference
FCLF Staff are on hand at conferences and events to discuss our programs.
TD Bank Charitable Foundation
Support from TD Bank Charitable Foundation helps FCLF build strong communities.
Neighbor Up and FCLF
FCLF Chief Lending Officer visits with the Executive Director of Neighbor Up (formerly BNDC)
Valley Bank
Support from Valley Bank helps FCLF build strong communities.
FCLF at Florida Housing Conference
FCLF staff are active at statewide conferences and events.
FCLF and Florida Housing Coalition
FCLF representatives are ready to talk about your project success.
Emma Jewel Charter Academy
Nutritious snacks are a part of the healthy focused curriculum at Emma Jewel Charter Academy.
Boys & Girls Clubs of Manatee
FCLF and NMTC are creating a new facility for the Boys & Girls Clubs of Manatee County
FLACDC Conference
FCLF Staff meet and greet friends at an FLACDC event.
Metro Min Grand Opening
FCLF staff with local supporters at Metropolitan Ministries Tampa.
ASPIRA of Florida and FCLF
FCLF CEO and one of our supporters visit the ASPIRA Arts Deco school.
RCRI Conference 2012
The RCRI Conference allows FCLF staff to touch base with our religious supporters.
duPont Fund and FCLF
The duPont Fund used FCLF and NMTC Financing to revitalize downtown Jacksonville.
Emma Jewel Academy and FCLF
Emma Jewel Charter Academy offers education for the whole child in Brevard County.
MTZ Carver Construction
FCLF projects create jobs and stimulate development in low-income communities.
Greater Heights Resident
FCLF Financing to Neighbor Up Brevard helps provide affordable rental housing.
FCLF Board and Staff
FCLF Board Members represent our investors, borrowers, and technical experts.
Boys & Girls Clubs of Manatee
FCLF staff and US Legislative staff at an event honoring Youth of the Year.
Million Meals 2012
FCLF staff and supporters volunteer at Million Meals event.
Casa San Juan Bosco and FCLF
Catholic Charities, Diocese of Venice, financed the land for farmworker rental housing with FCLF.
Casa San Juan Bosco and FCLF
New rental homes are available for farmworker families at Casa San Juan Bosco.
Housing Programs, Inc.
FCLF financing to Housing Programs, Inc. helps provide affordable homes for ownership.
Axiom Bank
Support from Axiom Bank helps FCLF build strong communities.
TD Charitable Foundation, TD Bank
TD Charitable Foundation and TD Bank have supported FCLF's mission since 2006.
Armature Works
FCLF and the NMTC Program renovated a historic building into a small business incubaor.
FCLF and Rep. Webster
Rep. Daniel Webster visited FCLF staff.
ASPIRA of Florida Aspirantes
ASPIRA of Florida offers education & mentoring with a focus on low-income and Latino students.
Mathis Place Resident
Residents at Neighborhood Renaissance's Mathis Place enjoy affordable rent.
Neighbor Up, Affordable Housing
Neighbor Up, formerly BNDC, offers affordable housing in Brevard County.
KIPP Jacksonville
Rep. Ander Crenshaw visited KIPP Jacksonville School
DuPuis Pointe Miami
DuPuis Pointe offers affordable, hurricane proof homes in Miami.
BNDC Greater Heights
Greater Heights offers new, safe, affordable rental homes in what was formerly a high crime area.
Haley Park Construction
FCLF projects create jobs and stimulate development in low-income communities.
Northern Trust Roundtable
FCLF supporter, the Northern Trust Company, hosted a housing roundtable in Sarasota.
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Core Purpose FCLF exists to maximize opportunities for people and places outside of the economic mainstream.
Our Vision Opportunity and dignity exist for every person and community in Florida.
Our Mission Our expertise and capital make projects successful and help organizations improve lives and communities.