ICA Fund Stories and Data

ICA Fund Stories

Bridging the Gap: A Public Servant’s Path to Homeownership
For years, Kathleen dreamed of owning a home where she could build stability and one day welcome a foster child.
A Grand Opening Like No Other
A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!
St. John Manor
Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.
Fairchild Medical Center
Fairchild Medical Center (FMC) is expanding its campus to address the critical healthcare shortages affecting low-income, rural residents of Siskiyou County, California. With 30% of residents unable to access care due to a lack of available doctors and 54% unable to secure medical appointments in the past year, the need for increased medical services is urgent.

ICA Fund Fact Sheet

Testimonials

CDFIs are a vital source of capital for the small and micro businesses in our communities, businesses that typically aren’t at the scale to be served by the large banks. They create jobs, generate taxes and keep our communities and economy vibrant and strong.

-Nicki Parr, WEV, Santa Barbara, CA

CDFIs create impactful changes in communities and provide catalytic growth and changes which provide jobs, particularly in low and moderate in come areas.

-Kathy Bonney, Clearinghouse CDFI, Lake Forest, CA

CDFIs have been essential vehicles for moving investment capital into communities that otherwise cannot access capital. We provide important technical assistance and financial support to grow businesses, finance projects, and revitalize communities thanks to investments from the CDFI Fund, which we then leverage with other private capital.

-Thomas De Simone, Genesis LA, Los Angeles, CA

Map of ICA Fund CDFI Branches and Stories