CIC, In Partnership with Vantage West Credit Union, Awarded AHEAD Grant from FHLBank San Francisco

Community Investment Corporation (CIC), in partnership with Vantage West Credit Union, has been awarded a $200,000 AHEAD Program grant from the Federal Home Loan Bank of San Francisco (FHLBank San Francisco).

The funding will help CIC expand Arizona’s first coordinated heirs’ property initiative, providing estate planning education, legal navigation, title resolution assistance, and cross-sector support to help families preserve homeownership and protect generational wealth.

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CIC’s Arizona Capital Access Program featured in the Nasdaq Foundation 2025 annual report​

CIC is proud to have received a grant from the Nasdaq Foundation to support the ongoing expansion of the Arizona Capital Access Program (AZ CAP).​ AZ CAP seeks to address disparities in equity capital access through a two-pronged approach – by bridging the social capital gap that many entrepreneurs from under resourced backgrounds face and by expanding decision making power beyond current and traditional equity investment institutions.

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The BIPOC Loan Fund Is Honored To Be Selected As A Women’s Foundation for the State of Arizona 2025-2026 FORGE Grantee Partner.

The BIPOC Loan Fund is Honored to be selected as a Women’s Foundation for the State of Arizona 2025-2026 FORGE Grantee Partner.

Community-Designed, Community-Selected Grantmaking Advances Equity Across Arizona

TUCSON, AZ – The Women’s Foundation for the State of Arizona (WFSA) is honored to announce its 2025-2026 FORGE and ember grantee partners, awarding $650,000 in unrestricted funding to 21 grassroots and community-led organizations advancing racial, gender, and economic equity across Arizona. Challenging systemic inequity in our sector, FORGE prioritizes organizations led by Black, Indigenous, and Women of Color (BIWOC) and those serving BIPOC, women, and gender-expansive communities.

Community at the Core of FORGE

The Fund for Racial and Gender Equity (FORGE) is more than a transaction—it is the next iteration of WFSA’s grantmaking that is grounded in sharing power through decision-making. These 21 grants are the culmination of a process intentionally co-created by leaders of organizations that create systemic and lasting change.

Read the full press release here.

KGUN9 with Joel Foster Features Yissel Salafsky of Make Way for Books & Danny Knee of CIC

A huge thank you to Joel Foster and KGUN 9 for shedding light on the critical impact of the federal grant freeze on Arizona nonprofits. Nonprofits like CIC and Make Way for Books are facing uncertainty as essential funding remains inaccessible, threatening vital community programs. 

According to CIC Executive Director Danny Knee, “We are going to see a major contraction in the nonprofit community if this continues as it is. This is not any way to effectively root out waste, fraud, and abuse. You’re actually permanently damaging our social service infrastructure.”

Nonprofits are the backbone of our communities, supporting our most vulnerable. This funding freeze has real consequences for the people who rely on us.

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CIC Loan Recipient Adela Artisan Made featured in Governor Katie Hobbs State of the State Address

Congratulations to Alexa Rodriguez of Adela Artisan Made, a CIC and BIPOC Loan Fund recipient, for being featured in Governor Katie Hobbs 2025 State of the State Address!

Governor Hobbs stated, “Arizona’s economy thrives because of small businesses like the one founded by Alexa Rodriguez. After discovering her passion for entrepreneurship, she started an online boutique selling crafts that honor her Mexican heritage. While starting a business was hard, Alexa learned that securing a loan through traditional channels was even harder.

That changed when she got a loan through our Microbusiness Loan Program, which is designed to provide financial support for our state’s smallest businesses. The loan has helped her scale up her operation, allowing her to make more products and sell directly to customers at a mall kiosk. Through the program, she’s also getting financial education and training so she can execute on her future plans.”

Special thanks to our friends at the Southern Arizona Hispanic Chamber of Commerce for hosting this wonderful event, and gratitude to our community partners Growth Partners and Kiva Hub! We are so proud of all of our loan recipients, and the support we have received this far from our community partners and the Arizona Office of Economic Opportunity.

Vantage West Partners with FHLBank San Francisco to Award Community Investment Corporation $100,000 AHEAD Program Grant

Vantage West Partners with FHLBank San Francisco to Award Community Investment Corporation 0,000 AHEAD Program Grant

Vantage West Partners with FHLBank San Francisco to Award Community Investment Corporation $100,000 AHEAD Program Grant

Vantage West Partners with FHLBank San Francisco to Award Community Investment Corporation $100,000 AHEAD Program Grant

Vantage West Credit Union, in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), will deliver $100,000 AHEAD Program grants to Groundswell Capital, Pascua Yaqui Development Corporation, and Community Investment Corporation in support of their efforts to drive economic growth, enhance workforce development, and create equitable opportunities for underserved communities throughout Southern Arizona.

Vantage West applied for the grant in partnership with these non-profits. After a competitive selection process, the three non-profits were awarded the AHEAD Program grants to fund the very important work they do in the community.

Empowering Southern Arizona’s Small Businesses: CIC Tucson and Vantage West Credit Union’s Innovative Partnership

The collaboration between Community Investment Corporation (CIC) and Vantage West Credit Union is redefining community-focused financial services in Southern Arizona. Together, these organizations are creating a more inclusive, supportive ecosystem for small businesses and underserved communities.

In 2018, Vantage West Credit Union took a pivotal step toward deepening its community impact by becoming a certified Community Development Financial Institution (CDFI). This designation marked a major shift in the credit union’s mission, underscoring its commitment to serving economically disadvantaged communities across Southern Arizona.

Recognizing the need for strong partnerships to amplify their CDFI efforts, Vantage West sought out Community Investment Corporation, a leader in the community and their innovative micro-lending programs with a proven track record of supporting ‘unbankable’ businesses in Southern Arizona.

CIC’s focus on providing tailored financial solutions to the community but specifically for marginalized communities like minority, women, and veteran-owned businesses aligned perfectly with Vantage West’s goals. The collaboration leveraged CIC’s expertise in micro-lending and Vantage West’s broad financial capabilities, creating a powerful synergy.

As Jon Bruflat, VP of Community Impact at Vantage West, explains, “We’ve worked with CIC for years and have seen the impact of their alternative lending with small businesses that haven’t been able to qualify for traditional loans. Our investment in their work and ongoing partnership supports Arizona’s small business community and is adding economic horsepower to our local economy.”

In 2024, the partnership reached a new level of collaboration. The Office of Economic Opportunity, under Governor Hobbs, announced a grant initiative for community lenders requiring applicants to match the funds allotted with 3 times the amount of the distributed funds. For CIC Tucson, a 501c3 nonprofit, their grant of $350,000 from the State presented an exciting opportunity but also a financial challenge to raise the matching funds before the grant deadline.

Recognizing the potential impact of the grant and CIC’s critical work, Vantage West stepped in, offering a low-interest loan that allowed CIC to secure the matching funds and access the full grant amount. Jon expressed Vantage West’s commitment to CIC’s mission, stating, “We’re dedicated to supporting organizations that make a real difference in our community. CIC’s work aligns perfectly with our values, and we’re proud to be part of this initiative.”

Danny Knee, Executive Director of CIC Tucson, shared his perspective: “The ecosystem we’ve built – goes beyond just providing loans. It’s about offering education, resources, and access to capital for businesses that otherwise wouldn’t qualify for financing. We can’t thank John and the team at Vantage West enough for their generosity, partnership and commitment to serving our community. For Vantage West to recognize the value we bring to the financial services ecosystem and to work to create a pathway to traditional financing for our borrowers is incredibly meaningful.”

The partnership between CIC Tucson and Vantage West Credit Union marks a new era of community-focused lending in Southern Arizona. By combining their strengths and resources, they are not only providing immediate financial support but also building a roadmap for small businesses to grow and succeed. As Arizona’s small business landscape evolves, the collaboration between CIC and Vantage West serves as a model for how innovative partnerships between the banking system and the nonprofit community can drive economic growth and community empowerment.