Renaissance Economic Development Corporation is certified as a community development financial institution through the U.S. Department of the Treasury’s Community Development Financial Institutions Fund and has been a recipient of multiple CDFI Fund grants. Renaissance is also a Small Business Administration-approved Micro-lender. Additional support for Renaissance’s Small Business Loan Fund and technical assistance programs comes from New York State’s Empire State Development Corporation, New York City’s Department of Small Business Services, Citi Foundation, and MetLife Foundation.
Renaissance provides direct financing and technical assistance services to entrepreneurs throughout New York City. Renaissance focuses on low-income, immigrant neighborhoods where the barriers of language, culture and conventional loan underwriting have stymied the growth of small businesses. Underpinning all of Renaissance’s lending activities is a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs.
Renaissance is governed by a board of experienced commercial lenders, local development experts, and concerned community business people and residents, all of whom have invested significant financial and other resources in these communities. Our senior management team is comprised of lenders and practitioners with extensive financial and technical skills, and the background to implement programs and ensure the long-term viability of the organization.
For more information about Renaissance Economic Development Corporation or our programs, please contact us.