Welcome to the Community Loan Fund of the Capital Region
The Community Loan Fund of the Capital Region is a nonprofit community development financial institution serving the Capital Region of New York State — Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren & Washington Counties. Incorporated in 1985, our mission is to promote sustainable community development efforts for economically underserved people and communities.
We provide access to capital by pooling investments and donations from socially concerned individuals and organizations, and re-lending it to nonprofit organizations and small businesses. We also offer training and technical assistance programs for small business owners and nonprofit leaders.
Explore our work and join us in this partnership by becoming an investor, a donor, or a nonprofit or small business borrower – together we are strengthening communities and changing lives.
Our Community Members
“Without the Community Loan Fund, we would not have been able to get construction started. People that were homeless for years and years, now have permanent housing.”
Janine Robitaille
Interfaith Partnership for the Homeless
“Without the Community Loan Fund, we would not still be in business, nor would we have been able to expand to a second location. We truly appreciate being part of this wonderful organization, and look forward to working with the Community Loan Fund for many years to come.”
Jason Wellington
Joyful Beginnings Early Education Center
“The Community Loan Fund allowed me to move my at-home bakery into the brick and mortar success it is today. Their training workshops and small business guidance proved to be worthwhile.”
Stacie Blair
The Sugar Fairy Bakes
“The Community Loan Fund made Bliss possible, as they were the first source of funding we acquired. Without their faith in our business, we would not have been able to bring this business to our community.”
Katie Dievendorf
Bliss Juice.Smoothie.Self
Borrower Bios
Green Sugar Leaf Farms Brings Healthy Options to NYS Concourse
The Community Loan Fund recently closed on a $25,000 small business loan for Green Sugar Leaf Farms and their new brick and mortar location in the New York State Concourse. The loan allows [Read More]
Historic Albany Foundation Restores Oldest Building In The City- With Help From The Community Loan Fund
Historic Albany Foundation (HAF) recently received a bridge loan from the Community Loan Fund of the Capital Region to restore the Van Ostrande-Radliff House, located at 48 Hudson Avenue in Albany. This isn't any [Read More]
“Book” It To The Diver Library
Driving through the hill towns of Northern Rensselaer County can often lead to discovering newly established community or family run businesses that catch your eye. The Town of Schaghticoke is no exception, and this [Read More]
Senior Hope Counseling Helps Seniors Rebuild Their Lives- With Help From the Community Loan Fund
Senior Hope Counseling is the only free-standing, non-intensive, OASAS (Office of Addictions Services & Support) licensed, non-profit, outpatient client in New York State catering exclusively to those in the 50+ population struggling with substance [Read More]
Latest News
Community Loan Fund Celebrates 1,000th Loan!
https://youtu.be/IPqHKrbGj_8 On Friday, April 21st, the Community Loan Fund of the Capital Region reached a milestone that many CDFI's aspire to attain. We are proud to announce that we closed on our [Read More]
ACES Incubator Expansion Groundbreaking
The Community Loan Fund was proud to break ground on the Albany Center For Economic Success (ACES) Incubator expansion project on April 27th! This new facility, which will be built adjacent to our current [Read More]
Community Loan Fund Receives 1.2 Million from U.S Treasury
The Community Loan Fund recently received 1.2 Million Dollars from the U.S Treasury Department as part of their 1.73 Billion Dollar CDFI Equitable Recovery Program (CDFI ERP). These funds are to be used [Read More]
Destiny Watkins Named Director of Training and Technical Assistance
Community Loan Fund of the Capital Region is proud to announce that Destiny Watkins, currently the Manager of Training and Technical Assistance, has been promoted to the position of Director of Training and [Read More]
Workshops & Events
9-Week Business Planning Course Sale has ended
AARP Work For Yourself at 50+
Developing Your Mission, Vision and Values
6-Week Childcare Business Development Course
Local SEO: What is It And How Can We Improve Local SEO Performance
You’ve Hired Someone, Now What? What’s Your Employee Onboarding Plan?
Creating Cash Flow Projections
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