A movement for economic justice.

The Alliance has brought together Black-Led CDFIs from all over the nation with funds of all sizes. We began with a few institutions but have now grown exponentially.

What We Do

We believe we are stronger together

We prioritize and center the voices and needs of Black communities to inform our work. The Alliance supports and empowers CDFI CEOs to lead and grow their institutional operations, teams, and social impact.
  • Advocate for institutional and public policies

    We address the barriers to community and economic development, Black business growth, wealth creation, and financial protections in African American communities

  • Empower a national network of African-American CDFI CEOs

    We strengthen our member fiscal and impact capacity using best practices to facilitate social and economic advancement in their communities.

  • Advance Racial Equity & Black Wealth

    We utilize research tools to elevate the disproportionate investment in Black-led CDFIs, and to advocate for a redistribution of capital flow to these CDFIs.

Who We Are

Become a member

We support and believe in the unique experiences, strengths, talents, and opportunities presented by our members. By coming together as chief executives, we amplify the voices of the Black community and economic development finance leaders and elevate the specific personal and professional challenges they face.
  • Advocacy

    We elevate the voices of Black community leaders by serving as a thought-leader for CDFI public policy issues and engaging in research that are in the best interest in the of Black CDFIs’ sustainability and stakeholders

  • Access to Capital

    Utilize research tools to elevate the disproportionate investment in Black-led CDFIs, and to advocate for a redistribution of capital flow to these CDFIs.

  • Peer Mentoring Programs

    Support to help lead and grow their institutional operations, teams, and social impact.

  • Training Opportunities

    Access to webinars and educational opportunities to help members build capacity and grow their CDFI.

African American Equity Impact Scorecard

The Scorecard aims to orient around wealth-building among Black communities and shifts the criteria by which organizations assess every project and helps to address the ways in which we have mirrored inequitable institutionalized practices.
  • Power Building

    Black leaders creating a path toward equitable policies and practices within the Black community.

  • Economic Development and Job Creation

    Non-profits, cooperatives, and businesses working toward a living wage, basic benefits, career-building, wealth-building opportunities and/or a fair and engaging workplace.

  • Equity

    Projects proactively addressing historical and current systemic oppression in order to ensure fairness in the access to opportunities, resources, and rights for the Black community.

Our Partners

Our partners and funders help us to strengthen our communities. We thank each of them and those that will join us in the near future as we work to close the racial equity gap nationwide.

Latest News & Events

Check out our latest news on our work towards closing the racial wealth gap.
  • July 22, 2024

    A Spotlight on Eleanor Reid: VP of Development at The Alliance

    This week we’re excited to spotlight our very own, Eleanor Reid! Eleanor Reid is VP of Development at the African American Alliance of CDFI CEOs! With over 20 years of C-level consulting experience and a successful track record of raising over $30 million for CDFIs, Eleanor is a powerhouse in fundraising and relationship building. Here

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  • July 1, 2024

    Mourning the loss of Inez Long

    It is with profound sadness and a heavy heart that we share the passing of Inez Long, President and CEO of the Black Business Investment Fund (BBIF) Florida, and a cherished board member and co-founder of the African American Alliance of CDFI CEOs. Inez dedicated her life to empowering Black and minority communities through economic

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  • June 26, 2024

    The Alliance Hosts 2024 Annual Meeting & Conference: The Power of Us

    In a celebration brimming with blackness, beauty, and warmth, The Alliance held their second annual in-person conference in Chicago, IL, from June 12-15. The theme, “The Power of Us,” captured the essence of Black-led CDFIs and Associate members aspiring to become CDFIs uniting to overcome all obstacles and empower their communities by building wealth and

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  • June 24, 2024

    In the News Next City: Equity Impact Scorecard Helps CDFIs Address the Racial Wealth Gap

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  • June 6, 2024

    African American Alliance of CDFI CEOs Unveils Housing Initiative Roadmap in Honor of National Homeownership Month 

    Roadmap Aims to Address Housing Justice for BIPOC Communities   ORLANDO, FL – In recognition of National Homeownership Month, the African American Alliance of CDFI CEOs (The Alliance) unveils its pioneering Housing Initiative Roadmap, aimed at empowering BIPOC (Black, Indigenous, and People of Color) communities in their pursuit of housing justice. Developed with support from the

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  • June 5, 2024

    Statement on the 11th Circuit Court’s Ruling Against the Fearless Fund

    The recent decision by the 11th Circuit Courts to reverse the lower court’s ruling and block the Fearless Fund from issuing grants to Black women entrepreneurs is not just a legal setback – it is an outrage and a direct assault on economic justice and the fight against persistent racial and gender inequities in America.

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Contact Us

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