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Community Investment Center
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Forward Community Investments

Program

Since its inception in 1994, FCI has disbursed almost $16 million to benefit low-income people and disadvantaged communities. In total, this capital has created or sustained more than 520 units of affordable housing and provided services to 315,000 low-income individuals. Through business incubation strategies or expanded community facilities our clients have maintained 2,530 jobs for neighborhood residents.
FCI uses a lending criteria which rates innovation, equity, collateral, sustainable development and community-based measures.  Debt can be used to fund: property acquisition, new construction, rehabilitation, leasehold improvements, equipment purchases, and, depending on the risk, working capital. The fixed rates and below-market pricing offers added cash flow savings to nonprofits serving low income people. For the last three years, FCI experienced record deployment levels and closed each year with every available dollar of investment capital lent to our borrowers.
To ensure a steady pipeline of high performing clients, FCI provides technical assistance. Through workshops and seminars, individual consulting, and a facilities planning manual, we annually train 100+ nonprofit executive directors and managers about topics ranging from day-to-day financial management to financing complex real estate transactions.
We believe that integrated high quality professional advice ensures projects are realistic and sustainable.  FCI has had only one minor default in its 15 year history and can only cite a handful of short-term delinquencies.

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