Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs. Our mission is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic development, and is fulfilled by providing access to capital products and services, and capacity building technical assistance to low- and moderate-income entrepreneurs. Wacif has been continuously certified as a Community Development Financial Institution (CDFI) since 1996, making the organization one of the nation’s first CDFIs.
An equitable and just society where communities can prosper and people can thrive through entrepreneurship.
Equity and Inclusion
Every facet of our work should be directed toward and reflect an unwavering commitment to fair and equal access to the opportunities afforded by entrepreneurship. Equity is a guiding principle of our work, and is reflected in our commitment to break down barriers and build an inclusive and just society.
Stewardship and Accountability
It is our duty as stewards to be accountable for the resources with which we are entrusted. Wacif’s stakeholders have a right to expect excellence in our stewardship. Our accountability is a statement of respect for our staff, Board, investors, funders, partners, and, most importantly, the clients and communities we serve.
Board of Directors
For more than 30 years, Wacif has been creating equity and opportunity in underserved communities by getting financial capital and business advice to low- and moderate-income entrepreneurs.
0K+Full & Part-time Jobs
Created and retained thousands of jobs for local communities
Provided millions of dollars in flexible financing for local small businesses and development of affordable housing
0K+Hours of Counseling
Supported local entrepreneurs with thousands of hours of business counseling and technical assistance
0%Woman or Minority-Owned
Support of disadvantaged businesses in Wacif’s portfolio which are Woman or Minority-Owned