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.
Membership

  • 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.
Partners

Latest News & Events

Check out our latest news on our work towards closing the racial wealth gap.
  • November 20, 2023

    CNO Financial Group Announces Corporate Donation to the African American Alliance of CDFI CEOs

    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 More
  • October 25, 2023

    The Community Reinvestment Act: Progress Made, But the Journey to Banking Equity Continues

    Today, 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 More
  • October 5, 2023

    CDFI Fund Announces $5 Billion in New Markets Tax Credits

    The 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 More
  • October 2, 2023

    The Fight for Financial Justice: The CFPB, the Supreme Court, and Black America’s Future

    The 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 More
  • September 28, 2023

    The African American Alliance of CDFI CEOs Receives $500,000 Grant from Kaiser Permanente

    ORLANDO, 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 More
  • September 27, 2023

    How Political Infighting is Pushing America to the Brink

    America 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

    Read More
More News & Events

Contact Us

Have questions?
Leave us a note by filling out the form or email us at [email protected]

We’ll get back to you as soon as we can.

African American
Alliance of CDFI CEOs

301 E.Pine Street, Ste. 175
Orlando, Florida 32801

Phone: +1 984 263 9380