financials & Reports

2024 Annual Report —
Lead and Inspire

The 2024 Annual Report reflects a year of leadership, growth, and measurable impact. Major milestones strengthened Clearinghouse CDFI’s ability to serve communities while advancing its long-term vision for the future.

Report Overview

Clearinghouse CDFI’s 2024 Annual Report highlights a year of progress marked by strong financial performance, expanded lending activity, and the successful first phase of the organization’s recapitalization. These achievements strengthened the foundation for continued growth while expanding access to capital in communities across the country.

The report also showcases projects that increased affordable housing, supported economic opportunity, and improved access to essential services. Together, these efforts reflect Clearinghouse CDFI’s commitment to leading with purpose and inspiring lasting community impact.
Cover of Clearinghouse CDFI's 2024 Annual Report Lead and Inspire

Report Highlights

  • $210 million in total project financing, including NMTCs
  • 49 projects financed in 2024
  • 563 housing units developed, rehabilitated, or preserved
  • 90% of housing units created were designated affordable
  • 1,937 jobs created or retained
  • $834.4 million in total assets
  • $7.2 million in after-tax earnings
  • 25th consecutive year of profitability
  • $20 million raised in the first phase of recapitalization
  • $60 million in New Markets Tax Credit allocation awarded