A movement for economic justice.
We believe we are stronger together
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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
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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.
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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.
Become a member
African American Equity Impact Scorecard
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Power Building
Black leaders creating a path toward equitable policies and practices within the Black community.
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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.
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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
Latest News & Events
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January 30, 2025
Introducing the Alliance’s Newly Elected Board Members
As we embark on a new year filled with promise and opportunities, we’re delighted to announce the election of our new members to The Alliance’s Board of Directors. Please join us in welcoming Hilda Kennedy, Ron Brooks, and Gene Gelgelu to our leadership team. Their exceptional expertise, unwavering passion, and shared commitment to our mission
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January 8, 2025
New Research Paper: Analyzing the Wealth Gap: Black-led vs. White-led CDFIs and the Role of Federal Programs
The racial wealth gap in America is a persistent issue rooted in centuries of systemic inequities. Despite their mission to drive economic justice, Black-led Community Development Financial Institutions (CDFIs) face significant challenges in accessing capital compared to their White-led counterparts. Our new research paper, Analyzing the Wealth Gap: Black-led vs. White-led CDFIs and the Role of
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December 3, 2024
Why Investing in CDFIs is Crucial to Addressing Environmental Justice
The year 2024 is recorded to be the hottest year in history. By 2030, major economies will have to cut carbon emissions by half to slow the accelerating effects of global warming. This challenge is especially critical in climate-vulnerable communities, which are disproportionately impacted by environmental degradation and populated by Black and Brown people. However,
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December 2, 2024
CDFI Fund Awards the Alliance and 31 Alliance Members Over $32M in Grants
On November 21, 2024, the CDFI Fund announced FY 2024 CDFI Program Technical Assistance (TA) and Financial Assistance (FA) Awards. Among the selected organizations, The African American Alliance of CDFI CEOs and 31 Alliance Members received over $30 million in FA and TA grants. The purpose of the awards is to build each organization’s capacity
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November 22, 2024
Mastercard Strive USA Invests $250,000 in the African American Alliance of CDFI CEOs
Grant to Fuel Environmental Justice Training for Black-led Community Lenders ORLANDO, Fla. – The African American Alliance of CDFI CEOs (The Alliance) announced a $250,000 grant awarded from the Mastercard Impact Fund through the Mastercard Strive USA program , aimed at advancing inclusive economic growth and supporting small businesses nationwide. Mastercard Strive USA’s support boosts
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