Massachusetts has 32 federally certified Community Development Financial Institutions — 28 loan funds, 2 credit unions, 1 venture capital fund, 1 bank or thrift.
Most lenders are concentrated in Boston (16), Springfield (2), Fitchburg (2).
Ranked by total assets (NCUA / FDIC data).
These CDFIs offer grant programs in addition to loans.
There are 32 Treasury-certified CDFIs headquartered in Massachusetts, including 28 loan funds, 2 credit unions, 1 venture capital fund, 1 bank or thrift.
By total assets, the largest CDFI in Massachusetts is Workers Credit Union ($2.49B in assets).
No CDFIs headquartered in Massachusetts currently hold Native CDFI certification, but Native borrowers may still qualify at other certified lenders in the state.
Eligibility varies by lender, but CDFIs generally serve low- and moderate-income borrowers, small businesses, and underserved communities. Open a lender's page below to see its specific eligibility criteria, loan products, and how to apply.
American Community Capital
Boston, 02110
Aura Mortgage Advisors
Boston, 02119--104
BCLF Ventures II, LLC
Boston, 02119
BDC Community Capital Corp.
Wakefield, 01880
BlueHub Loan Fund Inc
Boston, 02119--104
BOSTON IMPACT INITIATIVE FUND II LLC
Jamaica Plain, 02130
Cape & Islands Community Development Inc.
Centerville, 02632--142
Children's Investment Fund, Inc.
Boston, 02108--230
Common Capital, Inc.
Springfield, 01103
Community Development and Affordable Housing Fund, LLC
Brookline, 02445--412
Community Health Center Capital Fund, Inc.
Boston, 02108--221
Cooperative Fund of the Northeast, Inc.
Watertown, 02471--097
Dorchester Bay Neighborhood Loan Fund, Inc.
Dorchester, 02125--343
Greylock Federal Credit Union
Pittsfield, 01201--911
Grow America Fund, Inc.
Boston, 02284--533
Housing Partnership Fund, Inc., The
Boston, 02109
Local Enterprise Assistance Fund, Inc.
Boston, 02135
Massachusetts Housing Investment Corporation
Boston, 02110--352
MentorWorks Education Capital, Inc.
Boston, 02110
MHIC, LLC
Boston, 02110--350
NDC Community Impact Loan Fund
Boston, 02284--532
Nectar Community Investments, Inc.
Lawrence, 01840--186
Neighborhood Housing Finance Corporation
Quincy, 02169--571
New Hope Community Capital Inc.
Boston, 02116--624
North Central Massachusetts Development Corporation
Fitchburg, 01420--690
OneUnited Bank
Boston, 02110--144
Quaboag Valley Business Assistance Corporation
Ware, 01082--135
South Eastern Economic Development Corporation
Taunton, 02780--271
Springfield Neighborhood Housing Services, Inc.
Springfield, 01109--312
The Housing Partnership Network, Inc.
Boston, 02109
Worcester Community Housing Resources, Inc.
Worcester, 01609--322
Workers Credit Union
Fitchburg, 01420--311