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.
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 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.
Partners

Latest News & Events

Check out our latest news on our work towards closing the racial wealth gap.
  • November 28, 2022

    The Alliance Comments on CDFI Fund Minority Lending Institution Designation

    The Alliance strongly urges the Fund to reserve the designation for only those CDFIs that can clearly demonstrate accountability to minority populations through the number of financial products and services it directs to those populations and through its board governance and/or and staff composition. Our comments below offer specific recommendations that will help the Fund

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  • November 8, 2022

    Greenhouse Gas Reduction Fund: Minority-Led CDFIs Aim to Make Green Investments 

    The Alliance, NALCAB, Alliance to Save Energy propose that minority led CDFIs can meet the demand for green energy funds  [Orlando, FL. 11.8.2022] – The African American Alliance of CDFI CEOs (The Alliance), in partnership with Alliance to Save Energy and NALCAB, urge the Environmental Protection Agency (EPA) to ensure that minority communities can benefit

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  • November 4, 2022

    Response Letter: $200M SSBCI Technical Assistance Opportunities for Black Businesses

     The SSBCI Black Business Working Group, which is comprised of the leaders of some of the best and brightest in the Black business policy ecosystem – including the U.S. Black Chambers, Inc., Prosperity Now, Hope Credit Union, Association for Enterprise Opportunity and the African American Alliance of CDFI CEOs takes this opportunity to respond to

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  • October 28, 2022

    The Alliance Submits Comment Letter: Greenhouse Gas Reduction Fund

    Below is our full public comment letter on Greenhouse Gas Reduction Fund and our recommendations: Re: Greenhouse Gas Reduction Fund—Equity Outcomes; Energy Efficiency: The Alliance to Save Energy (Alliance), a bipartisan nonprofit coalition of business, government, environmental, and consumer leaders— and a leading voice in informing federal and state energy efficiency policies and standards, joins

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  • October 25, 2022

    The Alliance Awards Capacity-Building Grants to CDFIs led by Black Women

    As part of the Alliance’s Women-Led Initiative, 18 Black Women Leaders in Finance, receive $20-25k capacity-building grants to support their organizations 10.25.22, Orlando, FL –Today, the Alliance announced that it has awarded $445k in grants to 18 community development financial institutions (CDFIs) led by Black women. The funds are a part of the Alliance’s $1M

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  • October 24, 2022

    Alliance Member Spotlight: Neighborhood Development Center Turns Challenges into Opportunities

    The Neighborhood Development Center (NDC) believes that economic development serves as a tool for social justice and the evidence is clear: their work is making an impact.   In 2020, NDC was evaluated by Wilder Research, and their findings showed that 78% of employees at NDC-assisted businesses were people of color and 71% of business owners

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