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to Connecticut's underserved communities for more than fifty years. 

||| We're Here To Help

Capital for Change is the largest full-service Community Development Financial Institution (CDFI) in Connecticut. With support from our community-minded investors and partners, we serve people, nonprofits, small businesses and public institutions. Our high-impact programs and products broaden access to affordable housing, energy efficiency and job opportunities for underserved communities.

||| Our Mission

Capital for Change is dedicated to providing flexible, creative, and responsive financial products and services that support an inclusive and sustainable economy.

||| Our Vision

To be Connecticut’s premier community development financial institution, offering capital solutions that will create and sustain lasting, positive change to low-income communities, including broadened social and economic participation, economic growth, and environmental sustainability.



An inquiry is not an application. Once your inquiry is received, you will be contacted by a loan officer within 48 hours. Thank You.
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||| Change In Action

Over the past five years, Capital for Change loans have permitted more than 2,500 housing units to be created or maintained while helping to create more than 750 jobs and providing homebuyer training and foreclosure counseling to 100s of families. Serving Connecticut for over 50 years, C4C has invested more than $450 million in mission-driven capital statewide.

2020/ 2021 - A Year In Review
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Despite the calamitous economic and health impacts of COVID throughout the fiscal year, Capital for Change (C4C) continued to deliver on its mission to provide capital and services that create more equitable and sustainable communities. That mission is more important than ever in the wake of COVID and its racially disparate impacts. C4C responded quickly to COVID’s economic impacts by working closely with the borrowers we serve to help preserve the health of their financial condition by offering online payment deferrals, as needed.


"We Are Investing In
Connecticut's Future!"

Building Equitable Pathways of Opportunity
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Housing Should Be Affordable, Efficient, and Accessible To All

||Heritage Commons

Capital for Change is committed to environmentally conscious investment and development that results in increased energy efficiency and reduced energy consumption while improving the lives of our residents. Heritage Commons Rental Retirement Community in Middletown provides a complete array of support, recreation, housekeeping and health services to elderly residents living on fixed incomes. The 89-unit, four-story facility, constructed in 1988, needed updating to current energy efficiency and health and safety standards. Because of the existing government financing and the attached restrictions, however, traditional lenders could not finance the improvements. This is just the type of problem that Capital for Change’s Low Income Multi-Family Loan Program (LIME) was designed to solve. Capital for Change, in partnership with the Connecticut Green Bank, was able to provide a loan for $960,000 to add the upgrades. These include new lighting, heat pump replacement, a new gas boiler and rooftop coating that will provide energy savings of more than $100,000 per year.


||| In The News

WALLINGFORD, Conn. – Low-income residents and distressed communities in Connecticut will be the beneficiaries of a recent $590,000 grant from a U.S. Department of the Treasury program designed to support community development financial institutions nationwide.


“Capital For Change is the only community development financial institution in Connecticut to receive this competitive grant award,” said Darcy S. Arcand, development officer for the Wallingford-based nonprofit organization, which is Connecticut's largest full-service community development financial institution.


“This development is truly gratifying because it supports our mission to expand opportunity for underserved people and communities within our state,” Arcand said.


The grant from the federal agency's Community Development Financial Institutions Fund is one of 265 financial assistance grants recently awarded nationwide, totaling $180.3 million and allowing the institutions affected institutions to increase lending and investment activity in low-income and economically distressed communities.

||| Our Products & Services

Commercial Lending

Development & Construction


Counseling Services

Homeownership Counseling

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Mortgage Programs

Loans For Homeownership

Consumer lending

Consumer Lending

Loans For Homeowners


Loan Servicing Plans

Loan Servicing Options


Social Impact Investing

Investment Notes

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