Eleanor Holmes Norton (D-DC01)

Impact in the District

Between 2005 and 2023, there was $1.6 billion in total lending from CDFI Fund award recipients, including $177.9 million in loans to businesses and entrepreneurs, $847.2 million in housing development and mortgage lending, $22.4 million in consumer lending, $423.6 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
Achievement Prep
City First is proud to have provided $10 million in below-market capital for the incredibly important and impactful Achievement Prep in Washington DC's Ward 8.
Anacostia Economic Development Co.
Local Initiatives Support Corporation borrower success story
Bailiwick Clothing Company (OFN Story)
Washington DC Clothing Company Adapts to COVID-19 with CDFI Support
Bike-Friendly, Green Affordable Housing is Coming to D.C.
With help from an $8.5 million LISC predevelopment and construction loan, Cycle House in northwest Washington D.C. will be a first-of-its-kind green affordable housing development. The mixed-use, net-zero building with bike-friendly amenities is geared for residents at 30% to 80% of area median income and sets a high standard for eco-friendly construction in the area and beyond. Banner photo courtesy of Matt Telzerow
City First Bank
Seeing the possibilities in highly distressed areas of Washington, DC.
D.C. Seniors Find a Supportive Home in New Affordable Assisted Living Community, with Help from LISC
A $2.1 million predevelopment loan from LISC helped Gragg Cardona Partners build The Residences at Kenilworth Park, an affordable housing complex adjacent to a wetlands preserve in Northeast D.C. offering supportive services for Medicaid-eligible and other qualified elderly residents 60 and older. The development meets high-quality accessibility standards and provides on-site certified nurses and aides, access to nature, community and nutritious food, among many other keys to well-being.
CDFIs with Branches in the District
Baba’s Cooking School LLC dba EatsPlace
Building Hope Finance
CBA Fund
City First Bank
City First Enterprises Inc
City First Homes Inc.
DC Federal Credit Union
DC Federal Credit Union
DC Federal Credit Union
Democracy FCU
Developing Affordable Starter Homes Fund
Housing Assistance Council
Industrial Bank
Industrial Bank

Map of CDFI Branches and Stories in

District of Columbia Fact Sheet