At a glance
From its website, read 4 Nov 2026Capital for Change is a loan fund based in Wallingford, Connecticut. Its website describes commercial real estate loans, energy-efficiency loans, equipment loans and 4 other loan types. Where it lends: Connecticut. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (855) 656-5500 source |
|---|---|
| lending@capitalforchange.org source | |
| Apply online | Page with the application link |
| Website | www.capitalforchange.org |
| Office (official list) | 10 Alexander Drive, Wallingford, CT 06492 |
What their website says about applying
Applicants must participate in the Home Energy Solutions ℠ Program (call 877-WISE-USE (877-947-3873) to arrange a HES assessment for your home).
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 4 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Energy / solar / efficiency loans | Rate stated, not as an APR: see their wording | These loans finance improvements up to $35,000 at an interest rate between 0% - 3%, depending on household income. | source |
| Energy / solar / efficiency loans | Rate stated, not as an APR: see their wording | 0% interest rate | source |
| Energy / solar / efficiency loans | Term: see their wording | 3 year (36 months) repayment term | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Low or damaged credit considered
Several programs are underwritten based on utility-repayment history rather than on credit reports, offering an opportunity for credit-challenged customers to still take advantage of low rates and achieve energy savings in their homes.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Sep 2013 |
| RSSD ID | — (none listed) |
| Address | 10 Alexander Drive, Wallingford, CT 06492 Directions (Google Maps) |
| Website | www.capitalforchange.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 4 Nov 2026Read from 7 pages of the lender's website on 4 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Mortgage and housing development pages state no loan amounts; amounts are given only for energy-efficiency and multifamily loans. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Commercial real estate loans | — | Nonprofit loans are available for bridge funding, working capital, equipment, and non-housing real estate. | source |
| Energy / solar / efficiency loans | — | Energy Conservation Loans finance energy-efficiency improvements for low- and moderate-income homeowners. | source |
| Equipment loans | — | Nonprofit loans are available for bridge funding, working capital, equipment, and non-housing real estate. | source |
| Home repair / improvement loans | — | offering energy-efficiency loan programs, mortgage assistance and repair loan programs for home buyers/owners | source |
| Affordable housing development loans | — | We assist developers in creating affordable rental housing, supportive housing, mutual housing, cooperatives, and homeownership. | source |
| Home mortgages | — | Capital for Change manages a variety of programs to help prospective homeowners purchase new homes. | source |
| Small-business loans | — | The Connecticut Small Business Boost Fund is a loan program custom designed for Connecticut’s small businesses and nonprofits. | source |
Loan sizes
Loans may be for $3,000 to $40,000 and funding will be used for conducting qualified improvements/equipment replacements.
sourceThese loans finance improvements up to $35,000 at an interest rate between 0% - 3%, depending on household income.
sourceLoans may be for $500 to $3,000 and funding will be used for conducting qualified improvements/equipment replacements.
source
Service area
Connecticut
For a decade, Capital for Change (C4C) has been building stronger, more economically sustainable communities across Connecticut.
source
Statewide: Connecticut
Borrower focus
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply Now
source
Pages read (7)
- https://www.capitalforchange.org/
- https://www.capitalforchange.org/copy-of-consumer-lending-1
- https://www.capitalforchange.org/energy-efficiency-programs
- https://www.capitalforchange.org/affordable-housing-loan-program
- https://www.capitalforchange.org/business
- https://www.capitalforchange.org/hes-micro-loan
- https://www.capitalforchange.org/property-owners
Questions to ask when you contact them
Based on what their website said when we read it on 4 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your energy-efficiency loans and home repair loans?
Their website states a rate, but not as an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your commercial real estate loans and equipment loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - Do you offer down-payment help, and is a homebuyer education course required?
CDFI home loans often come with homebuyer education or down-payment help; their website does not say. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$13.1 million in 14 awards from the U.S. Treasury's CDFI Fund, 1999–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $800,000 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2021 | CDFI Program, Financial Assistance | $590,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2019 | CDFI Program, Financial Assistance | $650,000 |
| 2018 | CDFI Program, Financial Assistance | $700,000 |
| 2017 | CDFI Program, Financial Assistance | $500,000 |
| 2016 | CDFI Program, Financial Assistance | $1,400,000 |
| 2014 | CDFI Program, Financial Assistance | $1,500,000 |
| 2013 | CDFI Program, Technical Assistance | $75,000 |
| 2012 | CDFI Program, Financial Assistance | $1,053,806 |
| 2000 | CDFI Program, Financial Assistance | $910,000 |
| 1999 | CDFI Program, Technical Assistance | $50,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Mar 2024| Total assets | $76.2M |
|---|---|
| Total liabilities | $54.6M |
| Net assets | $21.7M |
| Total revenue | $10.5M |
| Program-related investments (Part X line 13) | $53.3M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending March 2024 (tax year 2023; EIN 06-0842738, filed as “CAPITAL FOR CHANGE INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Mar 2021 (990) | $117.6M | $17M | $11.3M | $52.9M |
| Mar 2022 (990) | $69.6M | $19.1M | $10.3M | — |
| Mar 2023 (990) | $73.2M | $19.2M | $7.9M | — |
| Mar 2024 (990) | $76.2M | $21.7M | $10.5M | — |
Total assets fell 35% from Mar 2021 to Mar 2024. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $76.2M | Larger than 85% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 85% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Wallingford and Connecticut
- Hartford Community Loan FundLoan fund · Hartford, CTHome repair / improvement loansVerified
- Members Credit Union, Inc.Credit union · Stamford, CTAuto / vehicle loans, Credit-builder loans, Home mortgages, Personal / consumer loansVerified
- New Haven BankBank or thrift · New Haven, CTCommercial real estate loans, Equipment loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Community Economic Development Fund I, LLCLoan fund · Meriden, CTOfficial list only
- First City Fund CorporationBank holding company · New Haven, CTOfficial list only
- First Community Bancorp Inc.Bank holding company · New Haven, CTOfficial list only
Work at Capital for Change? Link to this page
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