Tips and Updates!
This season, be a part of the merriment by giving back through these four fun festive ways to spread holiday cheer.
If you want to live a more altruistic lifestyle, help give back in the upcoming season by checking out these volunteering ideas for cold weather months.
A mentorship program has more in store than just for the mentee. If you’re not sure whether mentoring is right for you, take a look at these eight ways becoming a mentor can benefit you.
What’s the best way to show thankfulness? By giving back to others. This Thanksgiving, remember the reason for the season by showing thanks through giving.
Books are a valuable source of information, creativity and empathy. If you’re not a book lover now, you will be soon. Here’s how reading makes you a better person.
Be sure to check back regularly to get our latest tips and updates.
Federal Certification Brings Hope for Financially Underserved Communities:
NeighborWorks Southern Colorado is excited to announce that on December 18, 2021, its subsidiary organization Southern Colorado Community Lending (SCCL) achieved official certification as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund).
The designation as a certified CDFI means that Southern Colorado Community Lending will gain access to a unique set of funds that leverage federal dollars with private sector investments to financially support low-economic communities and financially underserved community members. The local non-profit will administer the disbursements of those funds several ways including the development of affordable housing, the creation of jobs and local businesses, and the expansion of community facilities.
Entering their 45th year as an organization, NeighborWorks Southern Colorado has been working toward CDFI certification for six years and is humbled to be the first CDFI based in the community it serves. Since the organization is community-based the staff and board of directors are committed to successfully influence community development in positive ways. As a CDFI they hope to help create jobs, expand businesses, build infrastructure, develop commercial and residential real estate, and finance more homeowners.
With CDFI certification, Southern Colorado Community Lending may now look to help areas such as schools, health care centers, grocery stores, healthy food access, small businesses, financing of affordable housing, and other investments that generate growth in the community.
CEO Ashleigh Winans said of the certification, "We are the first CDFI in our community that is based in our community and dedicated to serve our community. I am so excited and the meaning behind this will make me eternally humble."
According to an infographic on www.cdfifund.gov the "...CDFI Fund invests in Community Development Financial Institutions (CDFIs) to maximize impact in our nation's low-income areas. Through unique programs and tailored resources that leverage federal dollars with private capital, the CDFI Fund supports creating jobs, building businesses, and revitalizing neighborhoods."
The CDFI Fund is a public-private partnership that uses an allocation from a limited federal fund to bring in private sector investments to support low-income communities and encourage financial access and stability.
As a requirement to become a CDFI, Southern Colorado Community Lending is a financial institution that has been deemed an expert in supporting and servicing low-income communities.
Our Impact This Year
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Individuals Served Through Food Initiatives
4,410
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Families Educated
2,333
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Homeowners Created
514
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Dollars in Small Business Lending
$3,511,920
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Dollars Invested Into Communities
$166,123,216
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Dollars in Down Payment Assistance
$2,032,920
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Homes Preserved
186
