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
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.
Cleveland, OH
Assets: $401m
Revenue: $30m
Employees: 15
MISSION:
PROMOTE ECONOMIC DEVELOMENT IN ORDER TO PREVENT THE CONDITIONS OF BLIGHT AND DETERIORATION HISTORICALLY EXISTING IN THE AREA.
Cincinnati, OH
Assets: $366m
Revenue: $43m
Employees: 345
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.
Minneapolis, MN
Assets: $272m
Revenue: $53m
Employees: 100
MISSION:
EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH FINANCIAL SOLUTIONS.
Salt Lake City, UT
Assets: $241m
Revenue: $12m
Employees: 15
MISSION:
ASSISTED UTAH'S RESIDENTS BY FOSTERING THE DEVELOPMENT AND PRESERVATION OF QUALITY HOUSING.
Jackson Heights, NY
Assets: $237m
Revenue: $50m
Employees: 242
MISSION:
GRAMEEN AMERICA IS DEDICATED TO HELPING LOW INCOME ENTREPRENEURIAL WOMEN. (SEE SCHEDULE O)
San Jose, CA
Assets: $200m
Revenue: $54m
Employees: 155
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.
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.
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, WI
Assets: $130m
Revenue: $5m
Employees: 13
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).
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.
Orlando, FL
Assets: $108m
Revenue: $8m
Employees: 19
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.
West Des Moines, IA
Assets: $104m
Revenue: $17m
MISSION:
ACQUISITION AND OPERATION OF A CONVENTION CENTER HOTEL FOR THE BENEFIT OF POLK COUNTY, IOWA.
New York, NY
Assets: $91m
Revenue: $3m
Employees: 20
MISSION:
TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN.
Los Angeles, CA
Assets: $84m
Revenue: $20m
Employees: 10
MISSION:
PROVIDE LOANS, INVESTMENTS AND TECHNICAL ASSISTANCE TO PROJECTS SERVING LOW INCOME COMMUNITIES.
Denver, CO
Assets: $83m
Revenue: $21m
Employees: 27
MISSION:
PROVIDE FINANCING AND SUPPORT TO ENTREPRENEURS AND SMALL BUSINESSES.
Houston, TX
Assets: $78m
Revenue: $12m
Employees: 7
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.
Baltimore, MD
Assets: $56m
Revenue: $3m
MISSION:
DELIVER CAPITAL AND PROMOTE EQUITABLE GROWTH IN BALTIMORE'S DISINVESTED NEIGHBORHOODS.
San Francisco, CA
Assets: $55m
Revenue: $58m
Employees: 55
MISSION:
HELPING IMMIGRANTS AND LOW-INCOME INDIVIDUALS TO IMPROVE THEIR FINANCIAL CAPABILITIES ACROSS THE UNITED STATES.
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.