Harlem Entrepreneurial Fund Stories and Data

Harlem Entrepreneurial Fund Stories

The Juice Collective
AE helped LaTeka Cooke-Davis start her juice bar when others wouldn’t; she’s expanding from Horseheads to downtown Elmira.
Pickleball Mania
AE financing helped Lesa Carter expand her community recreation business, offering events like family nights for 75+ attendees.
Boricana LLC
AE supported Crystal Moran’s multicultural food business, providing technical assistance and ongoing guidance.
TruFund Helps Advance Sustainable, Affordable Senior Housing in Brooklyn with Nearly $2M Investment
TruFund Financial Services, Inc., has successfully closed on nearly $2 million in financing to support the predevelopment of a groundbreaking affordable housing project in East Williamsburg, Brooklyn. The project—spearheaded by nonprofit developer St. Nicks Alliance - will result in a 14-story, 185-unit affordable multifamily building exclusively for seniors earning below 60% of the Area Median Income.

Harlem Entrepreneurial Fund Fact Sheet

Testimonials

CDFIs provide access to critical financial services and education in a way that’s accessible to and designed for low income and low wealth people and families. CDFIs help strengthen the US economy by expanding opportunities for homeownership, small business, and consumer credit., and federal grants to CDFIs are leveraged many times over by private capital. Due to the success of this work, the CDFI Fund has been sustained by broad, bipartisan support for 25 years.

-Christina Sauve, Cooperative Federal, Syracuse, NY

Fund program has been instrumental to Cooperative Federal’s work over the years, helping us reach more people and have a bigger impact on our local neighborhoods.

-Renald Dupuis, Cooperative Federal Credit Union, Syracuse, NY

Invaluable support to people in our neighborhoods who want to build financial security–also to actually finance rehabbing vacant buildings and building new houses on vacant lots in our low/moderate income area.

-Phil Prehn, Syracuse United Neighbors (SUN), Syracuse, NY

Map of Harlem Entrepreneurial Fund CDFI Branches and Stories