AAFE Community Development Fund (AAFE CDF) is a richly experienced organization in the field of homeownership outreach,
education, and counseling. In our eight-year history, the AAFE CDF has secured over $139 million in
mortgage financing for over 1100 clients, while providing counseling to some 5000 more prospective homeowners.
Since 1997, AAFE's affiliate, Renaissance Economic Development Corporation (REDC) has been providing direct financing
and technical assistance services throughout New York City. REDC 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 REDC's lending activity is a commitment to increase business opportunities for low-income, minority, women,
and immigrant entrepreneurs.
