The nonprofit Florida Community Loan Fund (FCLF) announced it is allocating $260 million to support low-income individuals and communities across the state as part of its 2026-2028 Strategy.
FCLF will dispatch its fundings this through two main financing programs. The Core Lending Program will generate $125 million in new lending for real estate-related developments that increase opportunities for low-income Florida residents. And the New Markets Tax Credit Program will close $135 million in tax credit investments to finance community facilities in economically distressed communities.
“Our new strategy was developed to guide FCLF in expanding resources for Florida communities outside of the economic mainstream, leading collaboratively in pursuit of increased opportunities for the people in these communities, and further enhancing our long-term sustainability,” said Ignacio Esteban, CEO of FCLF. “We are confident in our talent and determination to continue this high-impact work and achieve our goals.”
FCLF is a certified Community Development Financial Institution. Since it opened in 1994, it has directed $825 million in financing and leveraged $1.56 billion more in capital from other sources to support the creation of over 9,000 affordable housing units and 197 community facilities statewide.
