Community Capital Fund facilitates the flow of capital and expertise into housing and economic developments that benefit low and moderate income people in the Greater Bridgeport Area.
With a shared goal to promote economic development and reinvestment in the Greater Bridgeport Area, two organizations: the Bridgeport Neighborhood Fund (founded in 1986 to provide loans for affordable rental housing) and the Grow Bridgeport Fund (created in 1996 to provide loans to small businesses) merged in 2005 to form CommCap.
Together, these organizations have:
- Invested more than $40 million in Greater Bridgeport
- Provided loans for the development of over 1000 units of affordable housing
- Financed over 90 businesses, helping to retain/create hundreds of jobs & to increase tax base