Our Impact
Building Stronger Neighborhoods Together
At the Neighborhood Community Development Fund, we’re committed to building stronger neighborhoods and increasing equity throughout Allegheny County. We achieve this by supporting entrepreneurs (BIPOC, women, and low-income business owners) in communities that are overlooked by traditional sources of capital.
We provide capital, technical assistance and development support to help bridge the economic opportunity gap. We provide capital to underserved small businesses, affordable housing projects, and strategic commercial real estate projects in low-income neighborhoods across Allegheny County.
In our newest Impact Report, “Building Stronger Neighborhoods Together,” we share how we are Increasing Equity, Growing our Impact, and Building Stronger Neighborhoods to ensure small business owners and neighborhood projects receive the resources they need.
To read more about our efforts, download our impact report here.
Loans & Lending
At Neighborhood Community Development Fund, we’re fortunate to help underserved businesses and communities from a position of financial strength. We’re proud to say we had our best year yet in 2023, supplying 103 loans to help BIPOC-, women-, and low-income-owned businesses receive the support and resources they need to grow.
2023 Lending
% Number of Loans
(103 Loans Total)
%
BIPOC-Owned Business Loans (82 Loans)
%
Low-Income Owned Business Loans (41 Loans)
%
Woman-Owned Business Loans (40 Loans)
%
Affordable Housing Loans (11 Loans)
% Amount of Loans
($7,477,150 Total)
%
BIPOC-Owned Business Loans ($4,736,150)
%
Low-Income Owned Business Loans ($1,510,150)
%
Woman-Owned Business Loans ($2,006,000)
%
Affordable Housing Loans ($2,287,000)
Microloan Lender Volume 2022
In 2022, we were the top microloan lender in Southwestern Pennsylvania.
- We supplied 37 microloans to small businesses in 2022 worth a total of $1,096,550 – an average of $29,636 per loan.
- Our microloan volume grew 57% from fiscal year 2021.
- Learn more in this Pittsburgh Business Times article.
To learn more about how we’re helping underserved businesses succeed, check out our Impact Report.
Spotlight
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Quick Links
In accordance with federal law and U. S. Department of the Treasury policy, Neighborhood Community Development Fund is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination to U.S. Department of the Treasury, Office of Civil Rights and Equal Opportunity, 1500 Pennsylvania Avenue N.W., Washington, DC 20220, (202) 622-1160 (phone), (202 622-0367 (fax), or email crcomplaints@treasury,gov (email).
Get in Touch
3923 Perrysville Avenue,
Pittsburgh, PA 15214
info@NCD-Fund.org
412-322-0290