History

About Us

Our storied past has led to a brighter future for the Northside. From our inception in 2000 to reaching more than $14 million in loan capital and providing more than 290 loans to small businesses and real estate projects on the Northside today – we have been a reliable non-profit community development lender providing affordable financing for businesses and real estate development projects on the Northside of Pittsburgh.

NSCDF Milestones

The Northside Fund was established in 2000 as a subsidiary of the Northside Leadership Conference. It is a Community Development Financial Institution certified by the U.S. Department of Treasury. The Fund provides loans and financing for businesses and real estate development projects throughout the Northside of Pittsburgh. We provide an array of services to help small businesses and neighborhoods thrive. Some milestones in our history:

Incorporated by Northside Leadership Conference – 2000
Certified as Community Development Financial Institution by US Dept of Treasury – January 2001
Closed first loan – $25,000 to James Street Tavern – 2001
Exceeded $1 million in Loans Closed 2004
Exceeded $5 million in Loans Closed 2008
Exceeded $10 million in Loans Closed 2011
Exceeded $20 million in Loans Closed 2017
Total # of Loans Closed – 225

 

 

 

Approved as SBA Microenterprise Intermediary Lender – 2002
Closed first SBA Microenterprise Loan – $35,000 to Dr. Dan Strinkoski, DDS
Exceeded $1 million in SBA Micro Closed Loans – 2014
Exceeded $2 million in SBA Micro Loans – 2018

 

 

First Woman Owned Business Loan Closed – $4,000 to Balance for Wellness – 2001
First Loan Closed to Minority-Owned Business – Williams Graphics $52,000 – 2002
% Loans Closed to Women-Owned Businesses – 35%
% Loans Closed to Minority-Owned Businesses – 27%
Received first New Markets Tax Credit Award of $500,000 – 2005
Total New Market Tax Credits Awarded – $6.5 million

 

 

 

Loan Capital Under Management Exceeds $1 million – 2003
Loan Capital Under Management Exceeds $5 million – 2008
Loan Capital Under Management Exceeds $10 million – 2012
Loan Capital Under Management Exceeds $15 million – 2019

Spotlight

The Bonvue Street Development Strategy

The Bonvue Street Development Strategy

The Bonvue Street development strategy calls for the creation of affordable homeownership opportunities in Pittsburgh’s Observatory Hill neighborhood.

Get Started

So, what are you waiting for? Let’s get started.

Click the Loan Application button below and get the ball rolling.

Get in Touch

922 Middle Street,
Pittsburgh, PA 15212

info@NSCDFund.org

412-322-0290