State Small Business Credit Initiative ("SSBCI") Qualifications

​Business enterprises that certify that they are owned and controlled by individuals who have had their access to credit on reasonable terms diminished as compared to others in comparable economic circumstances, due to their membership of a group that has been subjected to racial or ethnic prejudice or cultural bias within American society; gender; veteran status; limited English proficiency; physical handicap; long-term residence in an environment isolated from the mainstream of American society; membership of a federally or state-recognized Indian tribe; long-term residence in a rural community; residence in a U.S. territory; residence in a community undergoing economic transitions (including communities impacted by the shift towards a net-zero economy or deindustrialization); or membership of another “underserved community” as defined in Executive Order 13985

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Business enterprises that certify that they are owned and controlled by individuals whose residences are in CDFI Investment Areas, as defined in 12 C.F.R. §1805.201(b)(3)(ii)

Business enterprises that certify that they will operate a location in a CDFI Investment Area, as defined in 12 C.F.R. §1805.201(b)(3)(ii)

OR 

Business enterprises that are located in CDFI Investment Areas, as defined in 12 C.F.R. §1805.201(b)(3)(ii)

Go to the CDFI Fund website (https://www.cdfifund.gov/cims) and take the following steps: 

• Click the blue "CDFI" button located under the map. 

• Under the filter for “LAYERS” in the top left portion of the site, ensure you have selected “2020 CDFI Tract.” 

• At the top left, enter the address and click Enter. Select the correct address from the drop-down menu and a map including your address will appear. 

• Select the shaded green area that populates after entering the address. A box will appear with geographical demographic status and will indicate Yes or No if the physical address entered falls in a designated Investment Area (IA).