Report Overview
Clearinghouse CDFI’s 2014 Annual Report highlights a year of achievement, expansion, and independent validation. The organization received an AA Stable credit rating from Standard & Poor’s, achieved Certified B Corporation status, and became the first organization to close a bond through the CDFI Bond Guarantee Program.
The report also details the expansion of Clearinghouse CDFI’s service area into Arizona, New Mexico, and Sovereign Nations throughout the Western United States. Alongside continued growth in lending and New Markets Tax Credit activity, these milestones strengthened the organization’s ability to finance projects that support affordable housing, community development, economic opportunity, and healthy communities.
The report also details the expansion of Clearinghouse CDFI’s service area into Arizona, New Mexico, and Sovereign Nations throughout the Western United States. Alongside continued growth in lending and New Markets Tax Credit activity, these milestones strengthened the organization’s ability to finance projects that support affordable housing, community development, economic opportunity, and healthy communities.
Report Highlights
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AA Stable credit rating from Standard & Poor’s -
Certified B Corporation designation achieved
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First organization to close a $100 million bond through the CDFI Bond Guarantee Program
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Service area expanded to Arizona, New Mexico, and Sovereign Nations in the Western United States
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$1.1 billion in total lending since inception
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$438 million in NMTC allocation deployed since inception
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824,000 individuals served annually
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12,000 jobs created
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$195 million in total assets
