As the network administrator of the Community Loan CenterAffordable Small-Dollar Loan Program (CLC), TCC has fostered more than 10,000 loans as alternatives for expensive payday and auto title loans through local lenders. The Community Loan Center has lent out over $9 million to Texans needing access to credit which has saved our borrowers more than $7 million compared to payday and auto title loan. For more information or to apply for a loan, please click below
The NEXT Awards recognizes CDFIs working in bold, new ways to expand coverage of responsible financial products and services in their communities. This year, the prestigious awards program focuses on the Future of Consumer Finance and selected us as a Seed Capital Awardee for our innovative strategy to expand access to responsible financial products and services in disinvested areas. For press release, click here.
Texas Community Capital
Leading. Lending. Leveraging
Texas Community Capital (TCC) is a non-profit lending intermediary providing loan products and development services to Texas CDCs, CDFIs and other community development organizations. Conceptualized and initiated by the Texas Association of Community Development Corporations(TACDC) and in partnership with the Texas State Affordable Housing Corporation (TSAHC), TCC’s purpose is to provide loan and investment products, development services, and other related activities to Community Development Financial Institutions (CDFIs), community-based non-profit organizations and similar organizations, and the low-to-moderate income households they serve. The mission of the Corporation is to provide specialized loan and investment products and services that promote economic and community development in under-served Texas Communities to enhance the quality of life of low-to-moderate income persons.