At a glance
From its website, read 2 Nov 2026Community Loan Fund of the Capital Region, Inc. is a loan fund based in Albany, New York. Its website describes nonprofit facility loans and small-business loans. Where it lends: Eleven Capital Region counties in New York State (Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren, Washington.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (518) 436-8586 source |
|---|---|
| info@mycommunityloanfund.org source | |
| Website | www.mycommunityloanfund.org |
| Office (official list) | 255 Orange Street #103, Albany, NY 12210 |
What their website says about applying
To learn more about lending and apply for a loan, set up a meeting with our lending officers.
sourceIf your business is mission-appropriate, we would ask you to complete an application.
sourceComplete this brief form to set up an appointment with our team.
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.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 8 Jan 2026 |
| RSSD ID | — (none listed) |
| Address | 255 Orange Street #103, Albany, NY 12210 Directions (Google Maps) |
| Website | www.mycommunityloanfund.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 2 Nov 2026Read from 6 pages of the lender's website on 2 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: medium. Only the small business and nonprofit loan pages were fetched; no page describes a loan application being started online. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Nonprofit / community facility loans | — | We specialize in providing loans and technical assistance to nonprofit organizations for affordable housing, human services and/or help revitalizing your community. | source |
| Small-business loans | up to $50,000 | The maximum loan amount for starting a small business is $25,000. If you have an existing business that has been operating for at least 1 year, the maximum loan amount is $50,000. | source |
Loan sizes
The maximum loan amount for starting a small business is $25,000. If you have an existing business that has been operating for at least 1 year, the maximum loan amount is $50,000.
source
Service area
Eleven Capital Region counties in New York State (Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren, Washington
serving the Capital Region of New York State — Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren & Washington Counties.
source
Counties this matches: Columbia County, WA
Borrower focus
- Low- and moderate-income / underserved
small businesses owned by women, minorities, and people of low-income
source - Minority / BIPOC
small businesses owned by women, minorities, and people of low-income
source - Nonprofits
We specialize in providing loans and technical assistance to nonprofit organizations for affordable housing, human services and/or help revitalizing your community.
source - Women
small businesses owned by women, minorities, and people of low-income
source
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (6)
- https://mycommunityloanfund.org/
- https://mycommunityloanfund.org/small-business-lending/
- https://mycommunityloanfund.org/interfaith-partnership-for-the-homeless-expands-headquarters-programming-with-help-from-community-loan-fund/
- https://mycommunityloanfund.org/community-loan-fund-of-the-capital-region-and-local-coalition-launch-covid-19-grant-program-to-assist-small-businesses/
- https://mycommunityloanfund.org/borrower-bios/
- https://mycommunityloanfund.org/nonprofit-loans/
Questions to ask when you contact them
Based on what their website said when we read it on 2 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 interest rate and fees should I expect on your nonprofit facility loans and small-business 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. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - 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$15.9 million in 18 awards from the U.S. Treasury's CDFI Fund, 1998–2022 (6 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Equitable Recovery Program | $1,239,419 |
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2022 | Disability Funds, Financial Assistance | $500,000 |
| 2021 | CDFI Program, Financial Assistance | $525,000 |
| 2021 | CDFI Rapid Response Program | $1,278,385 |
| 2021 | Capital Magnet Fund | $3,709,000 |
| 2021 | Disability Funds, Financial Assistance | $500,000 |
| 2020 | CDFI Program, Financial Assistance | $520,000 |
| 2020 | Disability Funds, Financial Assistance | $268,750 |
| 2018 | CDFI Program, Financial Assistance | $700,000 |
| 2018 | Disability Funds, Financial Assistance | $225,000 |
| 2016 | CDFI Program, Financial Assistance | $1,750,000 |
| 2015 | CDFI Program, Financial Assistance | $1,750,000 |
| 2009 | CDFI Program, Financial Assistance | $1,000,000 |
| 2005 | CDFI Program, Financial Assistance | $475,000 |
| 2004 | CDFI Program, Technical Assistance | $48,200 |
| 2000 | CDFI Program, Financial Assistance | $530,000 |
| 1998 | CDFI Program, Financial Assistance | $290,000 |
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 Dec 2023| Total assets | $26.9M |
|---|---|
| Total liabilities | $12.9M |
| Net assets | $14M |
| Total revenue | $2.8M |
| Notes and loans receivable, net (Part X line 7) | $11.8M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 22-2706505, filed as “COMMUNITY LOAN FUND OF THE CAPITAL REGION 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 |
|---|---|---|---|---|
| Dec 2021 (990) | $23.8M | $13.6M | $3.6M | $11.4M |
| Dec 2022 (990) | $26.7M | $13.9M | $2.4M | $10.7M |
| Dec 2023 (990) | $26.9M | $14M | $2.8M | $11.8M |
Total assets grew 13% from Dec 2021 to Dec 2023; notes and loans receivable rose 3%. 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 | $26.9M | Larger than 56% of the 39 other certified loan funds and venture funds in New York with a matched Form 990 (median $12.6M). |
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, in New York | 39 | larger than 56% |
“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 Albany and New York
- ADIRONDACK ECONOMIC DEVELOPMENT CORPORATIONLoan fund · Saranac Lake, NYSmall-business loansVerified
- Alternatives Federal Credit UnionCredit union · Ithaca, NYAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
- Amplify Equity, Inc.Loan fund · Elmira, NYSmall-business loansVerified
- Ascendus Inc.Loan fund · New York, NYChild-care facility financing, Credit-builder loans, Small-business loansVerified
- BOC Capital Corp.Loan fund · Brooklyn, NYEnergy / solar / efficiency loans, Microloans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- BlocPower L.L.C.Loan fund · Brooklyn, NYEnergy / solar / efficiency loansVerified
Work at Community Loan Fund of the Capital Region, Inc.? Link to this page
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