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Urban & Community Economic Development

Nonprofit OrganizationsUrban & Community Economic Development

Urban & Community Economic Development organizations account for 2k organizations in the United States. In aggregate, these organizations generate $2b in revenue and employ 7.8k individuals.

2 Thousand

Active Organizations

$1.9 Billion

Annual Revenue

8 Thousand

Employees in Sector

$7.6 Billion

Controlled Assets

Explore Nonprofits in the Urban & Community Economic Development Sector

Self Help Ventures Fund

Durham, NC

Assets: $1b

Revenue: $61m

MISSION:

SELF-HELP VENTURES FUNDS MISSION IS TO CREATE AND PROTECT OWNERSHIP AND ECONOMIC OPPORTUNITY FOR ALL, ESPECIALLY PEOPLE OF COLOR, WOMEN, RURAL RESIDENTS AND LOW-WEALTH FAMILIES AND COMMUNITIES.

Gateway Economic Development Corporation Of Greater Cleveland

Cleveland, OH

Assets: $401m

Revenue: $30m

MISSION:

PROMOTE ECONOMIC DEVELOMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.

Cincinnati Center City Development Corporation

Cincinnati, OH

Assets: $366m

Revenue: $43m

MISSION:

TO STRENGTHEN THE CORE ASSETS OF DOWNTOWN CINCINNATI, CREATE GREAT CIVIC SPACES, (SEE SCHEDULE O) HIGH-DENSITY/MIXED-USE DEVELOPMENTS, AND PRESERVE HISTORIC STRUCTURES.

Community Reinvestment Fund Inc

Minneapolis, MN

Assets: $272m

Revenue: $53m

MISSION:

EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH FINANCIAL SOLUTIONS.

Rocky Mountain Community Reinvestment Corporation

Salt Lake City, UT

Assets: $241m

Revenue: $12m

MISSION:

ASSISTED UTAH'S RESIDENTS BY FOSTERING THE DEVELOPMENT AND PRESERVATION OF QUALITY HOUSING.

Grameen America Inc

Jackson Heights, NY

Assets: $237m

Revenue: $50m

MISSION:

GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN. (SEE SCHEDULE O)

Accion Opportunity Fund Community Development

San Jose, CA

Assets: $200m

Revenue: $54m

MISSION:

TO DELIVER AFFORDABLE CAPITAL AND RESPONSIBLE FINANCIAL SOLUTIONS (SEE SCH. O FOR CONTINUATION) TO UNDERSERVED ENTREPRENEURS AND COMMUNITIES, WITH A SPECIAL FOCUS ON LOW-INCOME PEOPLE, PEOPLE OF COLOR, AND WOMEN.

Grow America Fund Inc

Brooklyn, NY

Assets: $144m

Revenue: $12m

MISSION:

THE GROW AMERICA FUND, INC. ("GAF") HAS A PRIMARY MISSION TO CREATE ECONOMIC OPPORTUNITY, STIMULATE INVESTMENT, AND TO ENCOURAGE ENTREPRENEURSHIP IN LOW-INCOME COMMUNITIES BY FINANCING BUSINESSES AND ENTREPRENEURS THAT INVEST IN THOSE DISADVANTAGED COMMUNITIES, AND/OR CREATE JOBS FOR LOW-INCOME UNEMPLOYED AND UNDER-EMPLOYED INDIVIDUALS. GAF, A LICENSED U.S. SBA SMALL BUSINESS LENDING COMPANY, AND U.S. DEPARTMENT OF THE TREASURY CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, PROVIDES ACCESS TO CAPITAL FOR BUSINESS EXPANSION STRUCTURED WITH LONGER AMORTIZATION TERMS AND LOWER INTEREST RATES. THESE LENDING TERMS SERVE TO DECREASE DEBT SERVICE COSTS AND IMPROVE THE BORROWER'S OPERATING CASH FLOW, GIVING BUSINESSES A FINANCIAL ADVANTAGE THAT HELPS STRENGTHEN BOTH THE ECONOMIC BASE OF THE BUSINESS, AND THE COMMUNITY.

Ohio Capital Finance Corporation

Columbus, OH

Assets: $140m

Revenue: $9m

MISSION:

PROVIDE FINANCING IN THE FORM OF LOANS, GRANTS, AND EQUITY FOR PURPOSES OF PROVIDING HOUSING, COMMUNITY DEVELOPMENT, AND ECONOMIC DEVELOPMENT TO ASSIST LOW-INCOME COMMUNITIES.

Milwaukee Economic Development Corp

Milwaukee, WI

Assets: $130m

Revenue: $5m

MISSION:

MEDC PROVIDES GAP FINANCING TO BUSINESSES IN ORDER TO CREATE EMPLOYMENT OPPORTUNITIES AND INCREASE LOCAL INCOMES THROUGH THE RETENTION, EXPANSION AND DEVELOPMENT OF MANUFACTURING, SERVICE AND OTHER COMMERCIAL ESTABLISHMENTS LOCATED IN MILWAUKEE, WAUKESHA, WASHINGTON, WALWORTH, RACINE, KENOSHA AND OZAUKEE COUNTIES (COLLECTIVELY M7 REGION).

Florida Opportunity Fund Inc

Orlando, FL

Assets: $120m

Revenue: $8m

MISSION:

THE FLORIDA OPPORTUNITY FUND ("FOF OR THE "FUND") IDENTIFIES AND INVESTS IN A DIVERSIFIED, HIGH-QUALITY PORTFOLIO OF SEED AND EARLY STAGE VENTURE CAPITAL FUNDS THAT TARGETS IN WHOLE OR IN PART OPPORTUNITIES WITHIN FLORIDA. IN ADDITION, THE FUND SEEKS TO ACHIEVE A SUPERIOR INTERNAL RATE OF RETURN ON PRIVATE EQUITY INVESTMENTS WHILE CONTRIBUTING TO FLORIDA'S ECONOMIC DEVELOPMENTS; FOSTER THE CREATION, RETENTION, AND GROWTH OF COMPANIES IN FLORIDA; AND ENCOURAGE THE DEVELOPMENT AND GROWTH OF A VIBRANT FLORIDA-BASED VENTURE CAPITAL INVESTMENT COMMUNITY.

Florida Community Loan Fund

Orlando, FL

Assets: $108m

Revenue: $8m

MISSION:

TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT OR MISSION-FOCUSED FOR-PROFIT ORGANIZATIONS TO DEVELOP AFFORDABLE HOUSING, SUPPORTIVE HOUSING (WHICH INCLUDES SOCIAL SERVICES FOR RESIDENTS), COMMUNITY FACILITIES, AND ECONOMIC DEVELOPMENT PROJECTS THAT HAVE A DIRECT AND MEASURABLE IMPACT TO LOW INCOME PERSONS THROUGHOUT THE STATE OF FLORIDA.

Iec Hotel Corporation

West Des Moines, IA

Assets: $104m

Revenue: $17m

MISSION:

ACQUISITION AND OPERATION OF A CONVENTION CENTER HOTEL FOR THE BENEFIT OF POLK COUNTY, IOWA.

Upper Manhattan Empowerment Zone Development Corporation

New York, NY

Assets: $91m

Revenue: $3m

MISSION:

TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN.

Genesis La Economic Growth Corporation

Los Angeles, CA

Assets: $84m

Revenue: $20m

MISSION:

PROVIDE LOANS, INVESTMENTS AND TECHNICAL ASSISTANCE TO PROJECTS SERVING LOW INCOME COMMUNITIES.

Colorado Enterprise Fund Inc

Denver, CO

Assets: $83m

Revenue: $21m

MISSION:

PROVIDE FINANCING AND SUPPORT TO ENTREPRENEURS AND SMALL BUSINESSES.

Old Spanish Trail-Almeda Corridors Redevelopment Authority

Houston, TX

Assets: $78m

Revenue: $12m

MISSION:

The goal of this organization is to provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

Neighborhood Impact Investment Fund Inc

Baltimore, MD

Assets: $56m

Revenue: $3m

MISSION:

DELIVER CAPITAL AND PROMOTE EQUITABLE GROWTH IN BALTIMORE'S DISINVESTED NEIGHBORHOODS.

Mission Asset Fund

San Francisco, CA

Assets: $55m

Revenue: $58m

MISSION:

HELPING IMMIGRANTS AND LOW-INCOME INDIVIDUALS TO IMPROVE THEIR FINANCIAL CAPABILITIES ACROSS THE UNITED STATES.

Pidc Community Capital

Philadelphia, PA

Assets: $52m

Revenue: $10m

MISSION:

PIDC COMMUNITY CAPITAL IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION CREATED TO ATTRACT RESOURCES FOR COMMUNITY LENDING & TECHNICAL ASSISTANCE IN UNDERSERVED NEIGHBORHOODS.