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Arizona MultiBank, A Division of Clearinghouse CDFI

Clearinghouse CDFI recently expanded operations into Arizona through a unique transaction with Arizona MultiBank Community Development Corporation. We are committed to continuing the work and mission of Arizona MultiBank as a division of Clearinghouse CDFI. Read the full announcement here.

Arizona MultiBank is a premiere community development loan fund based in Phoenix and serving all of Arizona. Since its incorporation in 1990, as an initiative of the Arizona Bankers Association, Arizona MultiBank has provided over $55 million to support and advance small businesses, affordable housing projects, nonprofit organizations and economic development. The projects totaled over $200 million in development costs.

As a division of Clearinghouse CDFI, Arizona MultiBank’s increased capacity now helps deliver an even wider range of loan products and significantly larger loans with longer terms throughout the state of Arizona.

Check out some of the recent projects recently financed in Arizona:

Second Start
Second Start: Learning Disabilities Program
Reno, NV

Second Start: Learning Disabilities Programs (SSLDP) is a nonprofit, K-12 private school located in Reno, Nevada. Its specialties include academic, transitional, and therapeutic services for disadvantaged and at-risk students living with Autism Spectrum Disorders. Clearinghouse CDFI provided a $625,000 loan to help SSLDP secure a new, permanent educational center. SSLDP’s headquarters will be more conveniently located and better equipped to Read More »

Poop Magician
Poop Magician Pooper Scooper
Las Vegas, NV

PoopMagician.com is a professional canine waste disposal service created to make life more convenient, enjoyable, and safe for pets and their owners. Clearinghouse CDFI provided over $227,000 in financing to support the expansion of this successful small business into a larger facility. The new Poop Magician headquarters offers enough space for the addition of several new employees, and will help sustain ongoing operational growth. The Read More »

Beth Hebrew Synagogue
Beth Hebrew Synagogue
Phoenix, AZ

Beth Hebrew Synagogue was built in 1955. The building originally housed the first Orthodox Jewish congregation in Phoenix whose members… Read more »

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