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.
  • 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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  • May 16, 2024

    DEI is the Moral Imperative of our Time 

    When the U.S. Supreme Court effectively outlawed affirmative action in college admissions, colleges and universities felt the pressure to end race-based scholarships programs, and roll back diversity, equity, and inclusion (DEI) initiatives. Recent events have highlighted a stark reality: the fight for DEI is far from over. In fact, it’s under attack.  The decision by

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  • May 16, 2024

    Supreme Court Upholds CFPB: A Landmark Victory for Racial and Economic Equity

    Today’s Supreme Court ruling in favor of the Consumer Financial Protection Bureau (CFPB) marks a crucial milestone for racial and economic equity in the United States. The CFPB’s fundamental mission is to protect consumers from unfair, deceptive, and abusive financial practices, and today’s decision ensures the agency can continue this essential work unimpeded. This ruling

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  • April 22, 2024

    EPA Selects Alliance Members for Solar for All Grant, Boosting Clean Energy Access for Low-Income & Disadvantaged Communities

    The Environmental Protection Agency has announced 60 selectees under the Greenhouse Gas Reduction Fund Solar for All grant competition as part of the President’s Investing in America agenda. This initiative aims to deliver solar energy to over 900,000 low-income and disadvantaged households nationwide, shining a light on a brighter, more sustainable future. Congratulations to two

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  • April 4, 2024

    Justice Climate Fund Secures EPA’s GGRF Funding through Clean Communities Investment Accelerator Program

    The Alliance to play key role in advancing environmental equity as a sub-awardee  ORLANDO, FL – The African American Alliance of CDFI CEOs (The Alliance) announced today that the Justice Climate Fund (JCF) has been awarded $940M as part of the Environmental Protection Agency’s (EPA) Clean Communities Investment Accelerator (CCIA), for which The Alliance will

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Contact Us

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