City First Enterprises

The Greenhouse Gas Reduction Fund (GGRF) is a transformative force in green financing. But how can we, as a Community Development Financial Institution, best leverage this opportunity? In our new GGRF workplan, we've outlined a comprehensive roadmap detailing our strategic objectives. From leveraging resources to enhance leadership to contributing to a just energy transition, this workplan showcases how we are positioning ourselves during this pivotal moment to advance clean energy lending and projects. Discover how we are driving progress and making a lasting impact. https://lnkd.in/eh7F4ArG

🎉 Loan Closed! 🎉 We're thrilled to announce the recent closing of a project that supports the installation of solar panels on a local church in SE DC. In collaboration with DC Green Bank, we've supported ROI Solar LLC's commitment to providing the church with free energy. Through the free energy agreement, the church expects to save an average of $895 monthly equating to $10,700 annually. These substantial savings will significantly benefit the community by allowing the church to reallocate resources to its programs and services. As we gear up to launch our Greenhouse Gas Reduction Fund lending operations, we are excited to facilitate similar clean energy projects that further DC’s sustainable development goals. To learn more about this project, read the official press release here: https://lnkd.in/etmdeRDq

We invite you to join us tomorrow for an engaging discussion on the collaborative efforts between the District of Columbia Department of Insurance, Securities and Banking (DISB) and CFE during DISB's Coffee and Capital webinar. Our very own Jorge A. Zambrano will represent CFE. He's ready to share more about CFE, our products, the markets we serve, and the value of partnerships in our line of work. Jorge can't wait to meet you! Bring your questions, he's ready! Signs up close tomorrow morning at 8 AM. Don't miss this. Sign up now: https://lnkd.in/e2QzpfQB

Join us on September 11th at 10 AM for the District of Columbia Department of Insurance, Securities and Banking (DISB) Coffee & Capital webinar. Learn about how you can secure financing to grow your business and how we can support your goals. Sign up to attend here: https://lnkd.in/e2QzpfQB

Sydney Schoeller is a loan officer on our commercial lending team. She has been instrumental in executing our clean energy initiatives, ensuring that our projects not only support our financial goals but also benefit our communities. Sydney is a huge asset to City First Enterprises, and we're proud to have her on our team! To learn a bit more about Sydney, visit https://lnkd.in/eCWDw5YK

August is National Black Business Month! Over the last 5 years, CFE has deployed over $22 million in financing to support 39 Black-owned businesses. We're proud to uplift Black entrepreneurs and the essential work they do to serve our region. Together, we continue creating a lasting impact on the communities we love. To learn more about our small business financing, visit https://lnkd.in/epvfYM6e.

We're #hiring a new Director of Development in Washington, District of Columbia. Apply today or share this post with your network.

Meet Ana and Scott, the owners of Meats & Foods here in DC! Since 2014, they've served reasonably priced, fresh, homemade dishes daily at their Florida Ave location. With a steadfast commitment to quality and customer experience, Ana and Scott have cultivated strong ties within the community, forging lasting relationships with patrons who appreciate their dedication to excellence. Last year, we were able to support them in the purchase of their storefront. This significant step not only solidifies their long-term commitment to their business and the community but also stands as a testament to their belief in the enduring value of local, personal service. If you haven't stopped by yet, you're missing out! Check out their latest Instagram reel! 🍽️❤️   https://lnkd.in/eaeVh7tM

🎉 Loan Closed! 🎉 We are excited to announce the successful closing of a $2.1MM participation deal in an $11 MM Low Income Investment Fund (LIIF) led loan! 🏡💼 This deal, located in a Baltimore suburb, preserves an affordable housing facility with 132 units. This affordable housing deal highlights the strong partnerships between CFE, LIIF, and Partners for the Common Good and underscores our commitment to impactful investments. Additionally, we utilized Capital Magnet Fund dollars to offer a below-market loan, enhancing the financial support for this initiative. Congratulations to everyone involved! For any loan inquiries, please visit https://lnkd.in/ehgZaCk6

We’re honored to have received a grant from Wells Fargo's Open for Business Fund, which helped us provide flexible capital and technical assistance to small businesses in critical industries such as restaurants, child care, and beauty salons in DC and Maryland. Small business owners used the funds to hire new employees, expand their services, offer new products, and acquire new technology. Discover how the Open for Business Fund has unlocked opportunities for small business owners across the country. Dive into the report here: https://lnkd.in/g8uVxsBB