Financial Empowerment
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.
Visit Our Affiliate Websites For More Information
Small Business Loans & Training
Renaissance Economic Development Corporation
Home Loans & Counseling
AAFE Community Development Fund
AAFE’s Impact in Our Community During the Past Year
individuals received homeownership counseling
entrepreneurs received individual or group business counseling
small businesses received low-interest loans
tenants attended an AAFE housing workshop
Recent Stories
New York Federal Reserve President Visits AAFE Offices in Chinatown
On May 17, John C. Williams, president of the New York Federal Reserve, visited AAFE's offices in Chinatown for a wide-ranging conversation with AAPI community leaders. AAFE's co-executive directors, Thomas Yu and Jennifer Sun, hosted the roundtable...
Working From CM Dromm’s Queens Office, AAFE Offers Emergency Small Business Loans
(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...
Flushing Fantastic Website Launched to Support Small Businesses
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...
