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Change Capital Fund – Creating Communities of Opportunity

Change Capital Fund (CCF), a collaborative of foundations, banks, intermediaries and the Mayor’s Office for Economic Opportunity, works to strengthen New York City’s low-income neighborhoods through capacity building support to community-based organizations. Through our flexible grants and technical assistance funding, CCF is providing momentum to community organizations developing community assets for community benefit and ownership.

Please note: CCF is accepting applications by invitation only.

 

 

Latest News

CCF Forum Conveys Urgency and Opportunity to Expand Community Ownership for New York City

At a June 26, 2026 forum convened by the Change Capital Fund (CCF) in partnership with the Federal Reserve Bank of New York and HR&A, Deputy Mayor Leila Bozorg described NYC’s housing challenges: The city’s vacancy rate is 1.41%. Over 50% of renters are “rent burdened.” Over 90,000 people, a third of them children, sleep in the shelter system on a given night. Rising costs and an aging housing stock are contributing to physical and financial distress. Displacement pressures continue to bear down on low-income renters, even those in rent stabilized properties.

Change Capital Fund Releases We Can Own New York City’s Future Report, Highlights Community Ownership Groups Fighting Displacement

New analysis prepared by HR&A Advisors documents how tenant groups and community organizations are acquiring housing, land, and major community assets to fight displacement Features eight organizations advancing 18 projects across the five boroughs, creating over 800 permanently affordable housing units and community-controlled assets NEW YORK, NY (June 22, 2026) — In East New York, […]

 
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