News
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 »
May 15, 2017 by Alanna Smith in Industry
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 »
March 22, 2017 by Alanna Smith in Industry
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 »
$700,000 investment will benefit distressed communities throughout Southern California LAKE FOREST, CA – January 11, 2017 – Community Bank (OTC: CYHT), founded in 1945, is a family-owned Southern California regional community bank, with assets of $3.5 billion, and headquartered in Pasadena with 17 business centers. The bank recently added a $700,000 equity investment in Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) Read More »
$1 million investment will benefit distressed communities throughout California LAKE FOREST, CA – December 15, 2016 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today an equity investment from new Class A shareholder, Bank of Hope in the amount of $1 million—the largest initial equity investment it has received from a bank. Bank of Hope’s substantial investment enhances Clearinghouse CDFI’s Read More »
The Robert Johnson Scholarship is awarded to college-bound clients and children of clients served by the following Orange County affordable housing nonprofit organizations: Orange County Community Housing Corporation (OCCHC) Affordable Housing Clearinghouse (AHC) About Robert Johnson: Robert (Bob) Johnson was a pioneer who strongly advocated for the provision of affordable housing for low-income families in Orange County, CA. In 1967, Read More »
Credits will be used to finance community development projects in California, Nevada, Arizona, New Mexico, and Sovereign Nations in the Western United States Lake Forest, CA – November 29, 2016 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today that it has been awarded a $65 million New Markets Tax Credit (NMTC) allocation from the United States Department of Read More »
$100,000 investment will benefit distressed communities throughout California LAKE FOREST, CA – November 22, 2016 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today the conversion of a $100,000 deposit by First Bank into a new Class A equity investment. An exceptional community partner and investor since 1999, First Bank has made a total of four equity investments in Read More »
Additional $100,000 investment will benefit distressed communities throughout Southern California LAKE FOREST, CA – November 1, 2016 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today an additional $100,000 equity investment from First General Bank. A long-standing shareholder and community partner to Clearinghouse CDFI, First General Bank has now contributed a total of three equity investments in support Read More »
$250,000 equity investment will benefit distressed communities in California LAKE FOREST, CA – October 13, 2016 – Clearinghouse Community Development Financial Institution (CDFI) announced today a new $250,000 equity investment from current Class A shareholder State Bank of India (California) (“SBIC”). This investment marks the bank’s second investment with Clearinghouse CDFI—for a total of $505,000—and demonstrates its continued commitment to improving Read More »
