Clearinghouse CDFI is a notable Financial Services and Construction startup based in the United States. The company, founded in 1996, has a profound impact on communities by addressing unmet credit needs and fostering healthy living and working environments. As a B Corp certified company, they uphold high standards of social and environmental performance, transparency, and accountability.
With a focus on serving low-income and distressed communities, Clearinghouse CDFI has funded an impressive $1.5 billion in total loans for over 1,820 community projects over the past 20 years. This has resulted in the creation or retention of over 16,500 jobs and benefits for over 1.5 million individuals. The company's efforts also include the rehabilitation of more than 15.1 million square feet of blighted properties, positively impacting over 610 underserved communities across California, Nevada, Arizona, New Mexico, and Native American Reservations.
The most recent investment for Clearinghouse CDFI stands at an impressive $60.00 million grant received on 29 September 2023. This substantial funding came from the Community Development Financial Institutions Fund, U.S. Department of the Treasury. Overall, Clearinghouse CDFI presents a compelling investment opportunity, given its strong commitment to social impact and sustained financial growth.