About Us

Driving Capital. Building Prosperity. Transforming Neighborhoods.

A Nonprofit Lender for 30 Years

For 30 years, we’ve been working to create a thriving, inclusive and equitable economy where all people have access to build wealth and prosperity for themselves, their families and communities. As the only nonprofit, community-based lender exclusively serving Westchester and the Hudson Valley, we drive capital and resources to start-ups and small business owners typically excluded from current systems and to affordable housing development. Community Capital New York is an SBA-lender and a Community Development Financial Institution (CDFI) certified by the U.S. Department of the Treasury.

Snapshot of our impact

Over the past 25 years Community Capital New York has:

  • Leveraged $425 million in our communities
  • Created 3,296 jobs—our average loan creates or retains 3.2 jobs
  • Generated $10 million in tax revenues for the region on an annual basis
  • Empowered—75% of those we serve are women and minorities
  • Expended more than $9.2 million to effectively create more than 2500 affordable homes for 6898 low income residents
  • Provided financial education to 3000 households
  • Assisted low income students with a matched savings program to cover educational expenses not included in financial aid
  • Provided in excess of 3,000 hours of financial training annually to economically empower low to middle income residents
  • Generated an 89% success rate for small businesses four years after launching


Creating opportunity is our mission. Community Capital is an economic catalyst that strengthens the prosperity of our communities. Through education and innovative financing we enable underserved people to become stakeholders in a more inclusive economy.

Company Overview

Formerly known as the Westchester Housing Fund, Community Capital New York changed its name to reflect our growing menu of programs and our expanded service area that now includes Dutchess, Orange, Putnam, Rockland, Sullivan, Ulster and Westchester counties in the Lower Hudson Valley, the Bronx and Fairfield County, CT. Community Capital New York is a certified Community Development Financial Institution (CDFI).

Community Capital New York is a responsible and cost effective steward for community and economic development, recycling funds provided by the government, corporations and individual “social impact” investors to maximize opportunity.

Our loan programs have generated thousands of dollars of tax revenues for our communities, lessened the carbon footprint and made dozens of Main Streets more vibrant and sustainable.

Social Entrepreneurs

We are social entrepreneurs on two fronts: small businesses and housing. Small businesses continue to be the backbone of the U.S. economy. In the Hudson Valley region, 90% of jobs are found in companies employing 15 or fewer employees. Small businesses create wealth for their owners, jobs for their employees, tax revenues for their communities and benefits for their customers. We drive large scale change by investing in entrepreneurship locally. Currently, 40% of our small business loans are to existing businesses and 60% to start ups.

Scores of entrepreneurs have a chance at success due to the support they receive from our access to capital, workshops, webinars, training sessions and one-on-one business development services and business coaching.

The lack of affordable housing is one of the most daunting economic and social challenges in our region. Despite access to NY financial markets, exceptional universities and transportation and communication systems, Westchester and neighboring counties are losing their workforce. Young people are unable to return to the communities where they grew up because they can’t afford housing as entry level workers. And, retirees find they cannot afford to live enjoyable lives in the communities they helped to build.

By funding affordable housing, Community Capital avoids millions of dollars lost in terms of innovation, productivity and knowledge.