A movement for economic justice.
We address the barriers to community and economic development, Black business growth, wealth creation, and financial protections in African American communities
We strengthen our member fiscal and impact capacity using best practices to facilitate social and economic advancement in their communities.
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.
Black leaders creating a path toward equitable policies and practices within the Black community.
Non-profits, cooperatives, and businesses working toward a living wage, basic benefits, career-building, wealth-building opportunities and/or a fair and engaging workplace.
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.
2nd Year of $50,000 Gift to Continue Fostering Organization’s Black Leadership-driven Initiatives CARMEL, Ind., Nov. 20, 2023 – CNO Financial Group (NYSE: CNO) announced today that for the second consecutive year, the company is donating $50,000 to the African American Alliance of CDFI CEOs (The Alliance). The national membership organization of 76 Black-led community development
Read MoreToday, as we reflect on the newly unveiled Community Reinvestment Act (CRA) regulations, it is essential to recognize the significance of this moment. This landmark legislation, first enacted in 1977, has been a critical tool in the fight against redlining and the promotion of equitable access to banking services for low- and moderate-income communities. The
Read MoreThe CDFI Fund recently announced that $5 billion has been allocated under the New Markets Tax Credits Program (NMTC Program), a move set to catalyze investment and economic growth in both urban and rural areas. In the 2022 round of the NMTC Program, 102 Community Development Entities (CDEs) emerged as the beneficiaries of these tax
Read MoreThe Fight for Financial Justice: The CFPB, the Supreme Court, and Black America’s Future When the financial storm of 2007-2008 hit, it was not just a Wall Street crisis; it was a Main Street catastrophe. And let us be clear: Black Main Street bore the brunt. The predatory lending that fueled this crisis was not
Read MoreORLANDO, FL – The African American Alliance of CDFI CEOs (The Alliance) announced today a generous $500,000 grant from Kaiser Permanente. This funding will support general operations and enable The Alliance to provide essential training and technical assistance to Black-led Community Development Financial Institutions (CDFIs) seeking to apply for the Greenhouse Gas Reduction Fund (GGRF).
Read MoreAmerica stands at a precipice. As the clock ticks down to the end of September, the very fabric of our nation’s governance is being tested. The House Republicans, consumed by internal strife, are pushing us closer to a government shutdown. This is not just political theater; it is a looming crisis that will disproportionately impact
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