PR01 Stories and Data

PR01 Stories

Hispanic Housing Development Corporation

Island-wide,
Puerto Rico

NeighborWorks Capital

NeighborWorks Capital is pleased to renew a $10,000,000 acquisition/predevelopment line of credit to Hispanic Housing Development Corporation (HHDC). The renewal of this line of credit will allow for significant investment in new operating property acquisitions and will support predevelopment costs for HHDC’s development pipeline.

The Teller Window: Building the CDFI Sector in Puerto Rico

San Juan,
Puerto Rico

Inclusiv, Opportunity Finance Network

Puerto Rico’s community development financial institution (CDFI) sector has grown 15-fold over the last decade following a collaboration that brought together leaders from government, community development finance, and Puerto Rico’s credit unions, known as cooperativas.

Inclusiv Story – Cooperativa La Sagrada Familia CU

Corozal,
Puerto Rico

Cooperativa De Ahorro y Credito La Sagrada Familia

Cooperativa La Sagrada Familia promotes community development by providing capital and financial services to individuals and communities that are typically not served by traditional financial institutions, and improves their quality of life through an effective dissemination of the values and principles of the Cooperative Movement.

Inclusiv Puerto Rico CDFI Initiative

San Juan,
Puerto Rico

Inclusiv

The success of the Puerto Rico CDFI Initiative is a testament to the power of partnerships and to the resolve of financial cooperatives to obtain resources for the benefit of the communities they serve. The CDFI transformation is now a reality, and we are proud to continue to work to help cooperativas gain access to resources that were only available to CDFI’s in the mainland.

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