State Result

Impact Data for North Carolina

The CDFI Fund makes an impact by providing awards to organizations that make credit, capital, and other critical financial services available to disadvantaged businesses and low-income communities throughout the country. View state impact data by our CDFI Program and NMTC Program awardees to the right, and view the full list of awards made to organizations in this state below.

AMOUNT OF NMTC INVESTMENTS
$1,230,207,937

NUMBER OF NMTC INVESTMENTS
132

AMOUNT OF CDFI LOANS
$6,021,414,947

NUMBER OF CDFI LOANS
3,167,670

Award History

Awardee City State Year Program Amount
Cares Project, Inc., The Winston Salem NC 2024 CDFI-FA $143,000
Coastal Federal Credit Union Raleigh NC 2024 CDFI-FA $900,000
Institute Capital, Inc. Durham NC 2024 CDFI-FA $725,000
Latino Community Credit Union Durham NC 2024 CDFI-FA $900,000
Mechanics and Farmers Bank Durham NC 2024 BEA $280,369
Mountain BizCapital, Inc. d/b/a Mountain BizWorks Asheville NC 2024 CDFI-FA $1,250,000
Nova Credit Union Charlotte NC 2024 CDFI-FA $1,250,000
Sequoyah Fund Inc., The Cherokee NC 2024 CDFI-FA $625,000
Shuford Federal Credit Union Hickory NC 2024 CDFI-FA $550,000
Lumbee Guaranty Bank Pembroke NC 2023 BEA $329,991