City First Enterprises (CFE)

City First Enterprises (CFE) aims to promote social justice by increasing economic access and expanding opportunity for low-wealth communities.  To do so, the organization works to incubate and nurture solutions that channel capital and services to people and places without access.  Demonstrating this approach, CFE has launched City First Bank, City First Homes, and City First New Markets Tax Credit Venture Fund, which, in total, are credited with supporting over 5,000 units of affordable housing, 7,000 school seats, and 3,400 jobs.  Currently, CFE is working with a consortium of local funders to implement a Community Wealth Building Initiative, which aims to foster more wealth-building jobs and harness the spending power of area anchor institutions by creating green, sustainable, employee-owned businesses that provide anchors with needed products and services.

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