Create an Account - Increase your productivity, customize your experience, and engage in information you care about.
LAKE FOREST, Calif., Oct. 15, 2019—Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today a $500,000 Class A equity investment from Commercial Bank of California, a full-service bank serving the business and professional communities of Los Angeles and Orange Counties. This is the bank's first investment in Clearinghouse CDFI.
Clearinghouse CDFI is a full-service, direct lender financing projects that create jobs & services to help people work, live, dream, grow, & thrive in healthy communities.
Clearinghouse CDFI will use this investment to benefit low-income and distressed communities in California and throughout Western United States and Indian Country. It will also help Clearinghouse CDFI to continue financing community facilities, affordable housing, commercial real estate, and other projects that create jobs and services in underserved areas.