Washington Area Community Investment Fund, Inc. (Wacif)

Increasing equity and economic opportunity in the Washington, D.C. area's underserved communities.

General Information
Company Name
Washington Area Community Investment Fund, Inc. (Wacif)
Founded Year
1987
Location (Offices)
Washington, United States +2
Founders / Decision Makers
Number of Employees
36
Industries
Financial Services
Funding Stage
Grant
Social Media

Washington Area Community Investment Fund, Inc. (Wacif) - Company Profile

Washington Area Community Investment Fund, Inc. (Wacif) is a notable Financial Services startup with a clear mission to foster equity and economic opportunity in the underserved communities of the Washington, D.C. area. Since its establishment in 1986, Wacif has been instrumental in providing over $50 million in capital, offering business advisory services to more than 3,500 entrepreneurs, and contributing to the creation or retention of over 20,000 local jobs. The recent $728.32K grant investment received on 10 April 2023 from the Community Development Financial Institutions Fund underscores the organization's resilience and commitment to their cause. As Wacif continues to advance equity and opportunity in the region, it remains a consequential player in the quest for financial inclusion and economic empowerment. To gain deeper insights into Wacif's impactful work, visit www.wacif.org.

Taxonomy: Small Business Loans, Micro-loans, Technical Assistance, Nonprofits, Community Development, Inclusive Entrepreneurship, Community Wealth Building, Asset Building, Equitable Economic Development, Impact Investing, Social Impact, Equity, Small Business Advising, Capital

Funding Rounds & Investors of Washington Area Community Investment Fund, Inc. (Wacif) (1)

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Funding Stage Amount No. Investors Investors Date
Grant $728.32K 1 Community Development Financial Institutions Fund 10 Apr 2023

Latest News of Washington Area Community Investment Fund, Inc. (Wacif)

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No recent news or press coverage available for Washington Area Community Investment Fund, Inc. (Wacif).

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