Startups
Community First Fund is the premier economic development organization serving the low income communities of central and eastern Pennsylvania, and provides loan capital to real estate developers and businesses in the region. Since 1992, Community First Fund has made more than 1,700 loans and investments totaling more than $208 million to businesses, affordable housing and community based developers and projects throughout central and eastern Pennsylvania.
Our Mission
Community First Fund’s mission is to create financial equity through wealth building opportunities for individuals, families, and business owners, especially Persons of Color, women, and immigrants. We align capital, knowledge, and advocacy to advance access to financial services, business ownership, housing, and community development.
Our Vision
Community First Fund envisions inclusive, equitable, and vibrant communities where individuals prosper, triumph over poverty, and live free from discrimination.
Our Mission
Community First Fund’s mission is to create financial equity through wealth building opportunities for individuals, families, and business owners, especially Persons of Color, women, and immigrants. We align capital, knowledge, and advocacy to advance access to financial services, business ownership, housing, and community development.
Our Vision
Community First Fund envisions inclusive, equitable, and vibrant communities where individuals prosper, triumph over poverty, and live free from discrimination.
Overview
Location
United States, Pennsylvania, York
Employees
11-50
Phone
+1 717-393-2351
Total raised
$2.25M
Founded date
1992
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 28, 2021 | This is what individuals who invest in CDFIs want you to know | This is a story about the intersection of investing and social impact. Last year at this time, as the COVID-19 pandemic gripped our country, Babbie Jacobs and I partnered through Social Venture Circle (SVC) to showcase Community Development... |
| Feb 3, 2021 | Why CDFIs? The head of Community First Fund, newly merged with FINANTA, explains the benefits | Community First Fund President and CEO Dan Betancourt frequently visits the businesses his community development financial institution, or CDFI, serves. A recent visit to a Vietnamese restaurant displayed the information gap that hurts so m... |
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FAQ about Community First Fund
When was Community First Fund founded?
Community First Fund was founded in 1992.
How much funding has Community First Fund raised?
Community First Fund has raised $2.25M in total across 1 funding round.
What has the press written about Community First Fund?
Parsers VC has collected 3 articles mentioning Community First Fund, among them “This is what individuals who invest in CDFIs want you to know” (Jul 28, 2021) and “Why CDFIs? The head of Community First Fund, newly merged with FINANTA, explains the benefits” (Feb 3, 2021).
Is Community First Fund still active?
Yes, Community First Fund is active; its latest activity on Parsers VC dates from Oct 6, 2021.