In January 2014, NCDF member The Co-op Natural Foods in Sioux Falls, South Dakota suffered a devastating fire. Fortunately no one was injured and...
We are pleased to share the 2014 NCDF Annual Report.
In 2014, we achieved a strong, double bottom-line with successful financial performance and strong social impact. The numbers and stories in the report reveal that the loans made by NCDF had a significant impact on the co-ops, their members, and their communities.
A specialized, national loan fund and federally certified Community Development Financial Institution (CDFI), NCDF provides financing to cooperative businesses and housing throughout the U.S.
NCDF's mission is to foster economic democracy by investing in cooperative enterprises. Committed to supporting community development, NCDF focuses on providing financing to co-ops serving economically disadvantaged communities.
NCDF is owned and governed by cooperative members. Members can borrow from, and invest in, the fund.