AAFE helps small businesses and first-time home buyers achieve their dreams
AAFE has always believed that homeownership and small business ownership are fundamental to the American dream and essential to making our communities stronger. Through our affiliate, Renaissance Economic Development Corporation, we have provided more than 1200 small business loans in New York City during the past two decades. We also provide one-one-one counseling and training programs to make sure local entrepreneurs have the tools they need to succeed. AAFE offers home loans and educational services through our Community Development Fund. We are dedicated to promoting, protecting and advancing homeownership for minority, immigrant, low- and moderate- income, and underserved households and communities of New York City.
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AAFE’s Impact in Our Community During the Past Year
families received home loans through our Community Development Fund.
clients were provided with one-on-one small business technical assistance.
small businesses received loans totaling $3.4 million in capital.
tenants attended our affordable housing workshops.
(Photo: 110th Precinct) New York City Councilmember Daniel Dromm is hosting AAFE and Renaissance Economic Development Corporation (REDC) in his Queens District Office, where emergency loans are being offered to businesses impacted by the recent water main...
AAFE and the Flushing Chamber of Commerce unveiled a brand new website Sept. 21 as part of a comprehensive campaign to promote Flushing's small business community. The two organizations, in partnership with the NYC Department of Small Business...
Applications are now open for seven new affordable cooperative apartments at 244 Elizabeth St. in Manhattan. The building was rehabilitated by AAFE through a partnership with the New York City Department of Housing Preservation and Development...
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Please consider supporting AAFE's community development work by making a tax deductible donation today.