Expanding opportunities in America’s cities

Enterprise Community Loan Fund Inc.

$2.5 million guarantee

Awarded

Committed:
2017

ECLF is a nonprofit Community Development Financial Institution (CDFI) provides access to financing for local projects including affordable housing, charter schools, and community health centers. This program-related investment loan guarantee will support the SPARCC Initiative, which stands for Strong, Prosperous, and Resilient Communities Challenge. SPARCC will support multi-sector coalitions in six  geographic regions that are focused on creating equitable opportunities and greater access to opportunity for people with low incomes. Participating coalitions will benefit from a mix of core operating support, technical assistance, convening, strategic communications, innovation grants and lending to take advantage of time-sensitive catalytic investments.

Project:
SPARCC

Area Served

Area Served:
Atlanta, Chicago, Denver, Los Angeles, Memphis and San Francisco