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.

  • Create a digital marketplace of Black-owned firms

    We help Alliance members expand their capacity and efficacy while providing marketplace firms with increased revenues to expand wealth creation in the African American community.

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 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.
  • Equity & 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.
  • May 30, 2023

    Breaching the Debt Limit: The Ripple Effects on Black Americans and Low-Income Communities

    Central to the American economy is a complex matrix of fiscal strategies and financial rulings. A crucial element within this framework is the debt limit – a statutory control on the quantity of national debt the Treasury Department can accumulate. Breaching this debt limit, a situation where the nation fails to repay its debt, carries

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  • May 19, 2023

    Community Builders of Color Coalition Proposes Enhancements to EPA’s GGRF Framework

    Coalition Applauds EPA’s Efforts and Proposes Enhancements to Greenhouse Gas Reduction Fund Framework to Boost Benefits for Disadvantaged Communities The Community Builders of Color Coalition is a national network of 16 financial institutions and advocacy groups committed to ensuring disadvantaged communities receive equitable benefits from the Greenhouse Gas Reduction Fund (GGRF). The Coalition, consisting of

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  • May 19, 2023

    A Conversation with Michael Jeans, CEO of Go Green Energy Fund & Growth Opportunity Partners, the Country’s First African American-Led Green Bank

    A Substantial Conversation with Michael Jeans, CEO of Go Green Energy Fund and Growth Opportunity Partners, the country’s first African American-led green bank.  Substantial Magazine continues to take a deeper dive into the world of Black-Community Development Financial Institutions (CDFIs) and the important role these unique financial institutions play in serving communities across the nation.

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  • May 17, 2023

    Hip Hop Caucus Joins the Community Builders of Color Coalition to Advocate for Environmental Justice & Equity

    ORLANDO, FL – The Community Builders of Color Coalition (the Coalition) led by the African American Alliance of CDFI CEOs (The Alliance) is proud to announce that the Hip Hop Caucus (HHC) has joined the Coalition. Together, they fight for equity in the EPA’s administration of the Greenhouse Gas Reduction Fund (GGRF), advocating that at

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  • May 10, 2023

    Warner & Waters Push to Empower Community Financial Institutions & Bring Clean Energy Investments to Communities of Color

    (Below is a copy of the press release pulled from Warner’s website here) Letter sent as the EPA prepares to release NOFO for new grant program authorized through the Inflation Reduction Act WASHINGTON – U.S. Sen. Mark R. Warner (D-VA) and Rep. Maxine Waters (D-CA) sent a letter to the Environmental Protection Agency (EPA) urging them

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  • May 3, 2023

    Community Builders of Color Coalition Announces New Fund to Invest in Climate Change Solutions for Low-Income Communities 

    Justice Climate Fund Aims to Activate Existing Community Development Networks to Provide Capital and Resources to Organizations Fighting for Green Solutions Orlando, FL – Today, The Community Builders of Color Coalition, led by the African American Alliance of CDFI CEOs, announced the launch of the Justice Climate Fund, a new initiative that will maximize the

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