Camba Economic Development Corporation

Camba Economic Development Corporation is a non-profit organization that provides economic development services to underserved communities. It is registered as a corporate entity (tax exempt) in SAM.gov, with business types listed as a non-profit organization. As a Community Development Financial Institution (CDFI), Camba Economic Development Corporation aims to promote economic revitalization and community development by investing in and assisting CDFIs and emerging CDFIs.

Through prime federal grant awards, Camba Economic Development Corporation has received funding from the Department of the Treasury Community Development Financial Institutions Fund to support its efforts in providing expanded lending, grant making, and investment activities in low- or moderate-income communities and to underserved borrowers, including minorities disproportionately impacted by the COVID-19 pandemic. A recent $500,000 grant from the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) will enable Camba to increase access to capital for minority and disproportionately affected groups, and build organizational capacity through technology and staff acquisitions. Additionally, Camba received two Project Grants totaling $250,000 from the Community Development Financial Institutions Program (CFDA 21.020) to support technical assistance activities aimed at strengthening CDFIs and emerging CDFIs across the United States, enabling them to better serve low-income individuals and underserved communities lacking access to affordable financial products and services.