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.
  • March 22, 2023

    Congratulations on the Appointment of Harold B. Pettigrew Jr. as CEO of the Opportunity Finance Network

    On behalf of the African American Alliance of CDFI CEOs, I am delighted to extend our warmest congratulations to Harold B. Pettigrew Jr. on his appointment as the CEO of the Opportunity Finance Network (OFN). As an esteemed member of the African American Alliance of CDFI CEOs, Pettigrew’s exemplary leadership and commitment to community economic

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  • February 22, 2023

    The African American Alliance of CDFI CEOs’ Black Renaissance Fund Receives $5 Million Grant from The Rockefeller Foundation

    Supporting the national Fund’s mission to promote economic equity & create catalytic impact Orlando, Florida | [February 22, 2023] – The African American Alliance of CDFI CEOs (The Alliance) announced that it has received $5 million in funding from The Rockefeller Foundation to support the Black Renaissance Fund (BRF), a national fund providing patient capital

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  • February 14, 2023

    Community Builders of Color Coalition’s Response to EPA’s GHGRF Initial Guidance Design

    Today, the Environmental Protection Agency (EPA) released its initial guidance on the design of the Greenhouse Gas Reduction Fund (GHGRF) program, created by the Inflation Reduction Act, found here.  The Community Builders of Color Coalition led by the African American Alliance of CDFI CEOs commends the EPA for its thoughtful approach in announcing plans to

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  • February 10, 2023

    The Alliance Celebrates Black History Month

    This Black History Month we are recognizing the contributions of Black Americans and reflecting on the ongoing struggle for racial equity, particularly in the wealth gap. Black communities continue to face discrimination and barriers to economic opportunity. Let’s use this time to educate ourselves, support Black-led organizations and businesses, and work towards closing the racial wealth

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  • February 6, 2023

    A $27 Billion Opportunity to Prioritize Environmental Equality

    The Community Builders of Color Coalition, led by The Alliance, is working to ensure Black and Brown CDFIs, MDIs, and Community Economic Development Organizations are positioned to help small businesses and underserved communities.

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  • February 2, 2023

    A message from Lenwood V. Long, Sr. on the death of Tyre Nichols

    We are heartbroken and overwhelmed by the tragic and wholly unnecessary beating and death of Tyre Nichols.   Tyre Nichols was a young, healthy Black man. He was a father to his four-year-old son and a great friend to many. Tyre worked alongside his stepfather at FedEx and during his downtime, enjoyed skateboarding and photography.

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