Fifth Third Bank Invests $3 Million in Clearinghouse CDFI
New equity investment establishes a partnership to expand community financing
Clearinghouse CDFI will leverage and deploy the capital through loans on projects that bring economic opportunity and essential services into communities. These projects may include multi-family affordable housing, commercial real estate, small businesses, and community facilities.
Clearinghouse CDFI is a nationwide lender specializing in impactful and difficult-to-finance projects. The investment will fund projects in the states served by both Clearinghouse CDFI and Fifth Third Bank, including
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Fifth Third's
"CDFIs are essential partners in reaching communities and projects that fall outside traditional financing models," said
Founded in 1996, Clearinghouse CDFI has
About Clearinghouse Community Development Financial Institution (Clearinghouse CDFI)
Clearinghouse CDFI is a mission-driven lender that finances projects in low-income and capital-limited communities across
Clearinghouse CDFI has maintained 26 consecutive years of profitability, demonstrating that mission-focused lending can operate with long-term financial discipline. The organization balances profit and purpose while delivering measurable community outcomes for people and communities.
Clearinghouse CDFI is also a Certified B Corporation with a score well above the certification threshold and significantly higher than the median for traditional businesses. Financial performance and mission alignment remain embedded in how the organization operates. Learn more at www.ccdfi.com.
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SOURCE Clearinghouse Community Development Financial Institution
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