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capital-logo-tagInitiative Capital, the Initiative’s lending arm, is a certified Community Development Financial Institution (CDFI) that provides strategic lending and investment for community economic developers and businesses that create jobs, promote economic growth and facilitate the development of affordable housing and community revitalization, particularly in low-resource areas of the state.

Initiative Capital offers a variety of loan products:
1) Resilient Communities Disaster Relief Funding - 
 for developers, rental property owners, and small business owners.
2) Affordable housing, community development and enterprise funding loan products.

Collectively, the Initiative and Initiative Capital have invested more than $78 million in community-based developments that create economic opportunity in the state’s most distressed communities.

More than half of the borrowers of Initiative Capital are African American entrepreneurs or African American-led organizations, and many of them are located in or serve rural communities.

Please visit our loan products page for more information and to access the application.