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CDFI
 

Community Development Financial Institution Assistance Program

Community Development Financial Institutions (“CDFI”) provide micro-loans to businesses who often do not qualify for bank loans as well as one-on-one counseling and business development assistance to facilitate credit-readiness.  Every year these CDFI’s help thousands of minority and women-owned business enterprises survive and flourish in New York State. 

Since 1997 ESD has awarded $10,366,193 in grants to federally-certified Community Development Financial Institutions (“CDFI”) to assist in their efforts to develop minority and women-owned business enterprises. This year ESD awarded $1,525,000 in grants to 23 CDFI’s across New York State. The organizations use these grant funds expressly to strengthen the lending and technical assistance services they provide to minority and women business entrepreneurs.

A list of Small Business Lending contacts for ESD’s current CDFI grantees is below, which includes this year’s awardees as well as previous awardees still under contract.

 

ACCION NY, Inc.
Mr. Paul Quintero, CFO
115 East 23rd Street
New York, NY 10010
Tel: (212) 387-0377
Fax: (212) 387-0277
http://www.accionnewyork.org 

Allegany Community Development Corporation
Ms. Gretchen Hanchett, Business & Community Development Services Director
84 Schuyler Street
Belmont, NY 14813-0117
Tel: (585) 268-7605
Fax: (585) 268-7241
http://www.accordcorp.org
Bethex Federal Credit Union
Ms. Joy Cousminer, President & CEO
20 East 179th Street, LL
Bronx, NY 10453
Tel: (718) 299-9100
Fax: (718) 294-4950
http://www.bethexfcu.org

 

Adirondack Economic Development Corp.
Ms. Berverly Deso, Comptroller
67 Main Street, Suite 200
Saranac, NY 12983
Tel: (518) 891-5523
Fax: (518) 891-9820
http://www.aedconline.com

 

Alternatives Federal Credit Union
Mr. Bob Anderson, Jr. Business Loan Officer
125 N. Fulton Street
Ithaca, NY 14850-3301
Tel: (607) 216-3446
Fax: (607) 277-6391
http://www.alternatives.org

 

BOC Capital Corporation
Ms. Nancy Carin, Executive Director
85 South Oxford Street
Brooklyn, NY  11217
Tel: (718) 624-9115
Fax: (718) 246-1881
http://www.bocnet.org


 

Bx Overall Economic Dev. Corp.
Mr. Rafael Salaberrios, President
198 E. 161st Street, Suite 201
Bronx, NY 10451
Tel: (718) 590-6252
Fax: (718) 246-1881
http://www.boedc.com

Brooklyn Economic Development Corp.
Ms. Mercedes Gomez, Program Manager
175 Remsen Street, Suite 350
Brooklyn, NY 11201
Tel: (718) 522-4600
Fax: (718) 797-9286
http://www.bedc.org

 

CAMBA Economic Dev. Corp.
Mr. Paisley Demby, Program Dir.
1720 Church Avenue
Brooklyn, NY  11226
Tel: (718) 282-2600
Fax: (718) 282-8329
http://www.camba.org

 

CDCLI Funding Corporation, Inc.
Mr. Trevor Davis, Sr. VP/ CLO
2100 Middle Country Road, Suite 300
Centereach, NY 11720
Tel: (631) 471-1215x139
Fax: (631) 471-3087
http://www.cdcli.org

 

Greater Jamaica Local Dev. Corp.
Mr. John Scott, Director Financial & Business Services
90 – 04 161st Street
Jamaica, NY 11432-6154
Tel: (718) 291-0282
Fax: (718) 658-1405
http://www.gjdc.org

 

Long Island Small Bus. Assistance Corp.
Ms. Patricia A. Cook, Deputy Dir. PTAP
45 Seaman Avenue
Bethpage, NY  11714
Tel: (516) 433-5000
Fax: (516) 433-5046
http://www.lidc.org

 

Neighborhood Trust Federal Credit Union
Ms. Lillian Bent, Mgt. Consultant
4211 Broadway
New York, NY  10033
Tel: (212) 740-0900x314
Fax: (212) 543-9120
http://www.cwcid.org

 

Project Enterprise
Ms. Catherine Barnett, VP
144 W. 125th Street, 4th Fl.
New York, NY  10027
Tel: (212) 678-6734 x12
Fax: (212) 678-6737
http://www.projectenterprise.org

 

Seedco Financial Services
Mr. Pedro Gomez, Financial Services Manager
915 Broadway, 17th Fl.
New York, NY 10010
Tel: (212) 473-0255
Fax: (212) 473-0357
http://www.seedcofinancial.org

 

Washington Heights & Inwood Development Corporation
Mr. Daniel Ramos, Sr. Business Counselor/ Loan Officer
57 Wadsworth Avenue
New York, NY  10033
Tel: (212) 795-1600
Fax: (212) 781-4051
http://www.whidc.org

 

Women's Venture Fund
Ms. Bette Yee, Director of Administration and Finance
545 Eighth Avenue, 17th Fl.
New York, NY  10018
Tel: (212) 563-0499
Fax: (212) 868-9116
http://www.wvf-ny.org

 

Bklyn Cooperative Federal Credit Union
Mr. Bartley Higgins, Director ME Development
1474 Myrtle Avenue
Brooklyn, NY  11237
Tel: (718) 418-8232
Fax: (718) 418-8252
http://www.bushwick.coop

 

Buffalo Economic Renaissance Corp
64 Niagara Square
Buffalo, NY 14202
Tel: (716) 851-5035
Fax: (716) 851-5016
www.bec.org

 

Capital District Comm. Loan Fund, Inc.
Mr. Paul Stewart, Mgr of Training & Special Programs
255 Orange Street, #103
Albany, NY  12210
Tel: (518) 436-8586
Fax: (518) 689-0086
http://www.cdclf.org

 

East Harlem Business Capital Corp.
Ms. Sandra DeLeon, Deputy Dir.
2261-63 First Avenue,  3rd Fl.
New York, NY 10035
Tel: (212) 427-6590
Fax: (212) 427-6537
http://www.ehbcc.org

 

LaFuerza Unida
Mr. Pascual Blanco, President
14 Glen Street, Suite 305
Glen Cove, NY 11542
Tel: (516) 759-0788
Fax: (516) 759-3465
http://www.lafuerzacdc.org

 

Lower East Side People’s Federal Credit Union
Ms. Linda Levy, CEO
37 Avenue B
New York, NY 10009
Tel: (212) 529-8197
Fax: (2120 529-8368
http://www.lespfcu.org

 

Renaissance Economic Development Corp.
Mr. Michael Lee, Program Manager
1 Pike Street
New York, NY  10002
Tel: (212) 964-6022
Fax: (212) 964-6003
http://www.renaissance-ny.org

 

NYCfNAC
Mr. Peter Bray, Executive Director
175 Remsen Street, Ste. 350
Brooklyn, NY 11201
Tel: (718) 260-0099 x100
Fax: (718) 260-0085
http://www.nycfnac.org

 

Syracuse Cooperative Fed. Credit Union
Mr. Greg Knipe, Lending Manager
723 Westcott Street
Syracuse, NY  13210
Tel: (315) 473-0230
Fax: (315) 476-0567
http://www.syrcoopfcu.org

 

Syracuse Cooperative Federal Credit Union
Mr. Greg Knipe, Lending Manager
723 Westcott Street
Syracuse, NY  13210
Tel: (315) 473-0230
Fax: (315) 476-0567
http://www.syrcoopfcu.org

 

* New this year

Genesee Cooperative Federal Credit Union
Ms. Melissa Marquez, CEO
395 Gregory Street
Rochester, NY 14620
Tel: (585) 461-2230
Fax: (585) 461-3189
http://www.genesee.coop

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