Archives

TERRA Network Receives Critical Financing to Bring Internet to Rural Alaska

Clearinghouse CDFI’s First Loan Within the State of Alaska will Improve the Standard of Living for Five Inupiat Eskimo Communities 5-15-17 – Northwest Alaska – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it has closed a New Markets Tax Credit transaction with General Communication Inc. (GCI) for the construction of an additional phase of TERRA (“Terrestrial for Read More »

Now Hiring: Clearinghouse CDFI Market Representative – New Mexico

Job Description Clearinghouse CDFI Market Representative – New Mexico Reports to: Chief Production Officer Primary Purpose: Support the mission of Clearinghouse CDFI and loan production goals by generating loan leads and identifying potential borrowers. Essential Duties and Responsibilities: Loan production (goals set annually) Grow contacts within New Mexico market area Increase awareness of Clearinghouse CDFI through a variety of means including Read More »

B-Corporation: A Unique & Attractive Structure

Clearinghouse CDFI is featured in Avenues to Affordability, a Cinnaire Publication, in an article on its status as a B Corp. President/CEO Douglas Bystry discusses how it can and should be both profitable and impactful. Download the article here: Avenues Issue 3 PRESS p16,17 View the full publication here: https://issuu.com/glcf/docs/avenues_to_affordability_issue_3_20 Please download the article above or view the full issue Read More »

Clearinghouse CDFI Congratulates Lisa M. Jones for Her Finalist Designation in the Partnership for Public Service’s Sammie Awards

Lisa M. Jones of the U.S. Treasury Department’s Community Development Financial Institution Fund (CDFI Fund), has been honored with a 2016 finalist designation for a Sammie Award for her integral role in establishing the CDFI Bond Guarantee Program (BGP). The Sammies—awarded by the Partnership for Public Service and named after late founder Samuel J. Heyman—are awarded annually to Federal Government Read More »

COIN Impact Report Case Study – Clearinghouse CDFI

Courtesy of: Pacific Community Ventures Background: Clearinghouse CDFI invests in small businesses, affordable housing, community facilities, and commercial real estate located within underserved communities in California and throughout the Western United States. The firm has grown rapidly in recent years, increasing total assets and net worth from $75 million and $7 million in 2006 to over $360 million and $50 million in 2016 respectively.   COIN’s Support: Read More »

Reinvestment Fund & Robert Wood Johnson Foundation Name Henderson, NV One of 50 Invest Health Cities

Clearinghouse CDFI Chief Production Officer Brian Maddox served on the City committee responsible for securing this designation Henderson, NV – May 17, 2016 – The city of Henderson, Nevada has been selected by Reinvestment Fund and the Robert Wood Johnson Foundation (RWJF) to take part in the new Invest Health initiative, an innovative 18-month program. Invest Health aims to transform Read More »

Clearinghouse CDFI Launches Real Estate Investment Company (“CREC”)

New entity will acquire, develop, own, and manage real estate assets in California, Nevada, and Arizona to enhance community development   LAKE FOREST, CA – May 6, 2015 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI)—a Community Development Financial Corporation serving California, Nevada, Arizona, New Mexico and Native American Communities—announced today the creation of a new company which will purchase and Read More »

Reform Legislation Signed to Improve Insurance Community Investment Program

SACRAMENTO, CA – AB 2128 (Gordon), which reforms the California Organized Investment Network (COIN) Program, was signed into law today. This bill sponsored by Insurance Commissioner Dave Jones, reforms the COIN program to better focus on finding and facilitating insurance industry investments that provide economic and social benefits to California’s underserved communities. “Under the new law COIN will retain important Read More »