Community Loan Initiative
This program increases access to credit for low- and moderate-income people who otherwise may turn to high-cost payday and auto title lenders. Through the Community Loan Initiative, United Way of Metropolitan Dallas provides philanthropic funding to support a loan loss reserve fund, which allows our partner Capital Good Fund to provide low-risk loans at a market rate.
The average loan size is approximately $850, and participants increase their credit score since repayments are reported to the major credit bureaus.
Results & Impact
230
Crisis Relief Loans
financed for nearly $200,000 in 2022-2023
$850
average loan amount
$700
saved on average
by clients when compared to traditional loans
230
Crisis Relief Loans
financed for nearly $200,000 in 2022-2023
$850
average loan amount
$700
saved on average
by clients when compared to traditional loans
Community Loan Initiative is a partnership of:
United Way of Metropolitan Dallas • Capital Good Fund
Invest in Lasting Change
Together, we can improve access to education, income and health so all North Texans can thrive.
Explore Our Other Programs
We create, lead and invest in initiatives that improve access to education, income and health.
Character Playbook
Encourages students to build values and character with the support and involvement of NFL players and representatives.
Dollars for College
Expands access to affordable, long-term college savings accounts for low- and moderate-income families.
Healthcare Navigators
Supports North Texans who are looking for health insurance through the Marketplace, Medicaid or CHIP.
Help Me Grow NTX
A free family support line that promotes child development by connecting North Texas families with community-based resources.
Homelessness Prevention
Supports North Texans who are at risk of eviction to ensure more families can stay in their homes.