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News & Events2021-04-13T14:35:56-04:00

Community Loan Fund – News & Events

Community Loan Fund News

Dorian Wells Named Executive Director

Albany, NY- Dorian Wells has been named the fifth Executive Director in the history of the Community Loan Fund. Previously serving as the organization's Sr. Lending Director, Wells has been with the organization for fourteen years. "I'm humbled and honored to be named Executive Director," Wells said in a statement to the Albany Business Review. "For fourteen years, I have seen [Read More]

Community Loan Fund Awarded $200,000 Grant From KeyBank Foundation To Support Affordable Housing Initiatives

Albany, NY- Celebrating 200 years of service to communities across the United States, KeyBank announced earlier this year the creation of a $5.4M special grant program designed to strengthen Community Development Financial Institutions (CDFI's). This program, which was launched in 27 markets across the country, focused on supporting affordable housing and small business growth in communities where the support is most [Read More]

Community Loan Fund Receives CDFI Certification Under New, Higher Standards

Albany, NY- The Community Loan Fund is proud to announce that it has officially received its recertification from the U.S Department of Treasury’s Community Development Financial Institutions (CDFI) Fund. This certification comes following a comprehensive and rigorous new application process implemented in December 2023, which required all CDFI’s nationwide to reapply under significantly more stringent guidelines. CDFI Certification means that an organization [Read More]

Small Business Spotlight: Emma Ruth’s Soulful Cuisine and Catering

Emma Ruth's Soulful Cuisine and Catering, Inc. is the dream enterprise of Mark Manigault, a local chef who has been cooking since he was a child in his mother’s kitchen. Emma Ruth’s is a tribute to Mark’s late mother who passed in 2008. She always expressed her love through her food and taught Mark how to cook with [Read More]

Living Resources Expands Housing Inventory For Individuals With Disabilities- With Help From Community Loan Fund

The Community Loan Fund recently closed on a $600,000 loan to Living Resources Corporation to assist the organization in purchasing and rehabilitating a home in Niskayuna (Schenectady County). Once renovated, the property will be utilized to house five individuals with special needs who are physically disabled. Since 1974, Living Resources has served as a pillar in our community providing supportive services that [Read More]

Now Hiring: Executive Director

Community Loan Fund Seeks New Executive Director Organizational Overview The Community Loan Fund of the Capital Region, a nonprofit community development financial institution, is seeking a full-time Executive Director. The position will be vacant as of December 31, 2024 and an Interim Executive Director will manage the organization until the position is filled. OVERVIEW The Community Loan Fund pools capital [Read More]

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