Report Overview
Clearinghouse CDFI’s 2018 Annual Report highlights a year of continued growth and expanding impact. The organization surpassed $500 million in total assets while increasing lending capacity through new capital, a Capital Magnet Fund award, and additional Bond Guarantee Program financing.
The report features projects that preserved affordable housing, supported Native American communities, expanded healthcare access, and created new opportunities for underserved populations. It also highlights the partnerships that helped advance community development finance throughout the Western United States.
The report features projects that preserved affordable housing, supported Native American communities, expanded healthcare access, and created new opportunities for underserved populations. It also highlights the partnerships that helped advance community development finance throughout the Western United States.
Report Highlights
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$510 million in total assets -
$139 million in loans funded during 2018
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$5.7 million in net income
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$350 million in total Bond Guarantee Program issuances
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$26.5 million in New Markets Tax Credits deployed
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$65 million financed for projects serving high-poverty neighborhoods
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$8.3 million funded to Native American-owned enterprises
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1,780 employee volunteer hours
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1.8 million clients served since inception
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$1.73 billion in cumulative lending since inception
