Community Capital serves as an economic catalyst working to strengthen the prosperity of our communities and the lives of the people who live in them. By leveraging education, human and civic resources and through flexible, innovative and responsible financing, we enable traditionally underserved people to become stake holders in a more inclusive economy.
Dozens of Westchester residents stopped in to Community Capital New York’s Entrepreneurial Pop Up Shop last week to buy local for the holidays! Sponsored by Tompkins Mahopac Bank, the event, held at small business loan client Ground Floor Co-working in New Rochelle, featured more than a dozen small business loan clients of the nonprofit microfinance lender, from Posh Pretzels selling chocolate-covered treats that made the Oscar Swag bags last year to the Photo Booth, whose fun event pix are a...Read More
BEACON — Small businesses in the Hudson Valley can look forward to a new $2 million fund for microloans. Money from Community Capital New York can make a huge difference to a little enterprise. Just ask Ernie Molina. Molina and his wife, Mary, began their business, Lola Granola, named after their daughter, several years ago when they’d hit hard times financially. The Bedford Hills couple got a loan from the Community Capital nonprofit and parlayed that into a business that...Read More
$175,000 Finances Development of Affordable Homes through lead and asbestos remediation addressing the biggest barrier to redevelopment September 21, 2015 Newburgh – Community Capital New York, Inc. and JP Morgan Chase have partnered to launch the Newburgh Housing Remediation Fund, a loan fund designed to increase the supply of safe, affordable homes for families in targeted locations in the City of Newburgh as part of a broad community development effort. A $150,000 grant from JP Morgan Chase catalyzed the...Read More
We are proud to announce that Community Capital was chosen as a winner in the “Outstanding Advocate for Small Business” category of this years 914INC.‘s small business awards! Congratulations to all the other deserving small businesses and organizations, which includes the Sunny Cover, Owner and CEO of the Peekskill Coffee House, a former Community Capital New York loan client. The actual story: An Ethiopian restaurant in Mount Kisco. A hockey store in Yorktown. A therapy program for autistic Westchester children. A...Read More
CommunityCapital New York’s Vice President of Lending, Simone Obermaier, and loan client Mercedes Nunez, were guests of ABC’s El Tiempo Spanish programming show hosted by Westchester resident Joe Torres! Mercedes, as CEO and Founder of Palisades Cleaning Service, was the first recipient of a small business loan from Community Capital’s CFA Award, the Million for Main Street Fund, and has since doubled her employees from 17 to 35, and provides residential and commercial cleaning teams in six states. Print FriendlyRead More
The place to converge in Peekskill is its eponymous coffee house. With coffee bean bags hung around the tin ceiling, vintage fashion and art on the walls, message boards, t-shirts and other merchandise that would make any hipster proud, Peekskill Coffee House is definitely connected to the young and cool community. It gives Moms and commuters an urban outlet. Along with a cup of coffee and a panini, which can be enjoyed in and out of doors, are live performances...Read More