Celebrating 35 Years of Wacif
Our Impact Over 35 Years
The Washington Area Community Investment Fund (Wacif) is celebrating 35 years of creating equity and opportunity throughout the Washington, DC metropolitan area.
We are one of the Washington, DC metropolitan area’s leading Community Development Financial Institutions (CDFIs) focused on small business development. Our mission is to increase equity and economic opportunity in underserved communities in the Washington, DC region by investing knowledge, social, and financial capital in low-and-moderate-income entrepreneurs.
District of Columbia
Wacif focuses on the economically distressed communities east of the Anacostia River, including Wards 7 and 8 in the Southeast quadrant of DC.
Maryland and Virginia
Wacif also works with under-resourced communities in Maryland: Prince George’s County and Montgomery County, and areas in Northern Virginia: Arlington County, Fairfax County, City of Alexandria, and the City of Fairfax.
What Our Community Is Saying
The Next 35 Years
Our ‘Forward Equity’ multi-year strategy campaign will enable the organization to ambitiously scale impact by investing more than $100 million in local communities through lending, grantmaking, and building infrastructure for systems change; providing advisory services to 5,000 entrepreneurs; and helping local businesses create and retain more than 100,000 jobs. In doing so, we will deepen the region’s access to knowledge, social, and financial capital and invest in place-based solutions to address the economic disparity in the area.
At its core, ‘Forward Equity’ supports our existing, proven programs and services while building capacity to invest in new, innovative initiatives to drive equity and opportunity across the region.