City First Enterprises | LinkedIn (original) (raw)
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Financial Services
Washington, DC 1,078 followers
Capital for a More Inclusive Economy
About us
City First Enterprises is a certified CDFI (Community Development Financial Institution) specializing in flexible lending for affordable housing, commercial real estate, small businesses, non-profits, and clean energy projects. With a mission to create equitable financial solutions to support people and communities in achieving their economic aspirations, we envision a future where all people and communities transform their futures through equitable access to capital.
Industry
Financial Services
Company size
11-50 employees
Headquarters
Washington, DC
Type
Nonprofit
Founded
1993
Locations
Employees at City First Enterprises
Updates
- Exciting News! Our CEO, Oswaldo Acosta, recently appeared on the Capitol Gains Podcast with CFE's Clean Energy Advisor, Matt Posner, and James McIntyre to talk about the US Environmental Protection Agency (EPA)'s #InflationReductionAct, the #GGRF, and the role community lenders will play in building a new green economy. "We’ve got the community connections, but now we need to scale up staff expertise, technical assistance, and project management capabilities to handle this new wave of green finance," said Oswaldo as he spoke at length about balancing the local capabilities of CDFIs with tapping into the larger financial infrastructure in this country to deliver scalable cost savings. Listen to the full discussion here: https://lnkd.in/e65AjVuf
- City First Enterprises reposted this
$10,700 in annual utility savings! 🌟 A local DC community church has achieved this incredible milestone thanks to the solar panels installed by ROI Construction at zero cost to the church. Through our partnership with DC Green Bank, we continue to contribute to sustainable energy solutions and help our community save on utility costs. We're proud to continue supporting transformational initiatives. Read the full press release here: https://lnkd.in/etmdeRDq - $10,700 in annual utility savings! 🌟 A local DC community church has achieved this incredible milestone thanks to the solar panels installed by ROI Construction at zero cost to the church. Through our partnership with DC Green Bank, we continue to contribute to sustainable energy solutions and help our community save on utility costs. We're proud to continue supporting transformational initiatives. Read the full press release here: https://lnkd.in/etmdeRDq
- We're #hiring a new Director of Mortgage Programs in Washington, District of Columbia. Apply today or share this post with your network.
- We're #hiring a new Director of Mortgage Programs in Washington, District of Columbia. Apply today or share this post with your network.
- 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
CFE GGRF Public Plan cfenterprises.org -
1,078 followers
2w Edited
🎉 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 895monthlyequatingto895 monthly equating to 895monthlyequatingto10,700 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
City First Enterprises and DC Green Bank Finance Solar Energy System at Ward 7 Church https://www.cfenterprises.org
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