Community News

From “Eyesore” to Essential Workforce Housing, CFC contributes to the Adaptive Reuse of a 1976 Hotel in Erie, Pennsylvania
This essential workforce housing project involves the purchase and adaptive reuse of the former Avalon Hotel, located in downtown Erie, PA. When complete, the project will include approximately 197 studio units and 31,860 square feet of commercial/medical office space with on-site parking.

Fort Bend Epicenter wins the Houston Business Journal 2024 Landmark Awards for Community Impact
The Community Fincance Corporation could not be more pleased or proud to congratulate the Fort Bend Epicenter on receiving the HBJ 2024 Landmark Awards for Community Impact this week, just eight months after opening its doors to the public.

CFC, Servitas, and the City of Miami Beach Break Ground on Workforce Apartments in Miami Beach, FL
Community Finance Corporation was instrumental in achieving the recent groundbreaking of a $41.7 million workforce housing development project in the Museum District and Collins Park neighborhood of Miami Beach. When complete, the 80-unit apartment building will provide low-cost rentals for the area’s first responders, artists, and other city and public employees, as well as an entire floor dedicated to dorm rooms for the neighboring Miami City Ballet School.

CFC Contributes to the 2023 SARSEF Annual Fair’s Resounding Success!
As it has in the past, CFC proudly supported this year’s Southern Arizona Regional Science and Engineering Fair.

CFC Contributes to El Grupo’s Manzo Elementary Bike Club for Three Years Running
El Grupo’s MANZO Bike Club provides the equipment and teaches the necessary skills and knowledge to help kids of all ages navigate their neighborhoods as safely as possible. And they do this for FREE. The $25,000 that CFC contributed for the 2021-22 school year helped El Grupo hire, train, and empower new staff at the Manzo Elementary school to better meet the needs of nearly 40 youth riders enrolled in Bike Club.

Remembering Joel D. Valdez
In December, of 2010, a generous gift agreement was made between the Community Finance Corporation (“CFC”) and The University of Arizona Foundation fund. Two CFC members of the board, Michael Hammond and Kendall Bert, spearheaded the movement to honor the extraordinary accomplishments of Joel D. Valdez. (photo credit: David E Valdez from video)

CFC and Ephibian Bring LEGO™ Joy to John B. Wright Elementary School
Each year, Ephibian and CFC collaborate to make sure 200 elementary school children at the extreme end of the "low-income" spectrum receive their own set of LEGOs.

CFC Overseeing Development of Fort Bend Convention and Event Center
The Community Finance Corporation is overseeing the financing, design, construction and equipping of a new convention and event center in Rosenberg, Texas.
The Fort Bend County EpiCenter will host concerts, festivals, livestock shows, sporting events, conferences, graduations and similar events. It will also serve as a command center and shelter during extreme storms or other disasters.

CFC Awards Grant to Wright Elementary School for Library Improvements
The Community Finance Corporation awarded a $25,000 grant to John B. Wright Elementary School to improve the school’s library. The library improvements include a makeover of the library with new bookshelves, rugs, curtains and bright-colored, kid-sized couches and chairs where students can sit and read.

CFC Awards $39K Grant to UA School Garden Workshop
The Community Finance Corporation awarded a $39,267 grant to the University of Arizona’s School Garden Workshop, which helps Tucson schools develop and manage hands-on gardening instruction.
The grant comes as the Community and School Garden Program is emerging as a national and international leader in the field of K-12 school garden enrichment.

Tucson Nonprofit (Lead Guitar) Expands Music Education Across the Nation
Lead Guitar was founded in Tucson and was supported early on by a number of Tucson philanthropic organizations and businesses including CFC. Today, Lead Guitar serves students in five states throughout the country and is well-positioned to be a national organization.

CFC Supports John B. Wright Elementary School
John B. Wright Elementary is TUSD’s poorest school, measured by a 20-year 99% free lunch and breakfast rate. At 500+ students JBW is one of TUSD’s largest schools…

CFC Supports Lead Guitar
Community Finance Corporation and Lead Guitar – Five Years of Bringing Music to the Kids Who Need It Most