NewWest Community Capital

What NewWest Community Capital does

NewWest Community Capital is a nonprofit 501(c)(3) Community Development Financial Institution (CDFI) headquartered in Boise, Idaho, with a regional office in Phoenix, Arizona. Founded in 2000 as the Idaho-Nevada CDFI and designated by the U.S. Treasury in 2001, the organization provides flexible below-market financing for affordable housing, community facilities (including childcare centers, healthcare clinics, charter schools, and human-service organizations), and community economic development projects serving underserved populations across eight states in the Intermountain West.

The core product set spans Affordable Housing Loans, Community Facility Loans, Community Economic Development Loans, Land Acquisition Loans (including LIHTC-qualifying early-stage capital), combined Construction and Permanent Financing, Lines of Credit, and Small Business Loans. These offerings are delivered as direct loans to nonprofit developers, community development corporations, and project sponsors rather than through a technology platform; NewWest explicitly does not operate proprietary lending software. The organization complements financing with project-specific technical assistance.

The business model combines interest and fee income from a loan pool exceeding $29 million (funded by 25+ institutional social-impact investors including Bank of America, Wells Fargo, KeyBank, U.S. Bank, Charles Schwab, and Zions Bank) with grants and donations from foundations, religious organizations, healthcare partners, and government agencies including the U.S. Department of the Treasury CDFI Fund and the Federal Home Loan Bank of Seattle. Reach is achieved through direct origination by a lean leadership team, co-lending and referral partnerships with NeighborWorks, LISC, and Opportunity Finance Network, and content-driven marketing via the NewWest website and social channels. As of 2022 the organization had closed over 100 loans totaling more than $112 million in cumulative lending and held assets exceeding $69 million.

Name

NewWest Community Capital

Legal name

NewWest Community Capital

Website

https://newwestcapital.org

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

NewWest Community Capital is a nonprofit CDFI that provides flexible below-market loans for affordable housing, community facilities, and economic development projects across eight Intermountain West states, serving nonprofit developers and underserved communities with a $29M+ loan pool and $69M+ in assets.

Ownership category

akta.pro rank

Product category

Community Development Lending

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Grantmaking and Giving Services (81321)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industries

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Warehouse Lending / Mortgage Warehouse Facilities (FSALACAI)

Keywords

• Community development lending
• Affordable housing finance
• Community facility loans
• Nonprofit loan fund
• CDFI financing

Headquarters

HQ city

Boise

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Loan Interest and Fees: NewWest generates revenue through interest on loans provided to borrowers for affordable housing, community facilities, and community economic development projects. As a nonprofit CDFI, revenue is reinvested into the loan fund to support continued lending operations.
2. Grant Funding and Donations: The organization receives support from financial institutions, religious organizations, foundations, and government agencies. These investments and donations fund the loan pool and operational costs, enabling the organization to provide below-market rate loans.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

NewWest Community Capital is a nonprofit Community Development Financial Institution (CDFI) loan fund that provides below-market financing for affordable housing, community facilities, and community economic development projects across the Intermountain West. Its product set spans construction loans, permanent financing, land acquisition loans, lines of credit, and small business loans, combined with project-specific technical assistance for nonprofit and community-based borrowers.

Product overview

NewWest Community Capital operates as a nonprofit loan fund offering a portfolio of loan products rather than a unified technology platform. The core offerings consist of Affordable Housing Loans, Community Facility Loans, and Community Economic Development Loans, supplemented by specialized products including Land Acquisition Loans, Construction and Permanent Financing, Lines of Credit, and Small Business Loans. These products work together to provide financing from early-stage land acquisition through construction to permanent housing and community facility operations, serving the Intermountain West region through direct lending and partnerships with other lenders, government agencies, and the philanthropic sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Loans Financing for affordable housing projects serving underserved populations including families, seniors, at-risk teens, and the homeless in the Intermountain West.
• Community Facility Loans
• Community Economic Development Loans
• Land Acquisition Loans
• Construction and Permanent Financing
• Lines of Credit
• Small Business Loans

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Opportunity Finance Network (OFN)coreStrategic or Co-development PartnerNational membership organization for CDFIs providing financing, training, and advocacy for community development lenders.
• NeighborWorkscoreStrategic or Co-development PartnerNational network of community development organizations. NewWest partners with NeighborWorks Boise for affordable housing development including pocket neighborhoods.
• LISCcoreStrategic or Co-development PartnerLocal Initiatives Support Corporation. Board member Brian Maddox serves as VP/Fund Development at LISC Fund Management.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Enterprise Community Partners: National CDFI focused on affordable housing and community development lending and investing; directly comparable as a mission-driven, federally-certified CDFI providing low-cost capital to community developers.
• Capital Impact Partners: National nonprofit CDFI providing loans, equity, and capacity building for affordable housing, health care, and education facilities; comparable business model of mission-driven community development lending to nonprofits and developers.
• LISC (Local Initiatives Support Corporation): National CDFI supporting affordable housing, economic development, and community facilities; highly comparable as a nonprofit lender and NewWest's partner, serving developers with flexible financing and technical assistance.
• Reinvestment Fund: National mission-driven CDFI financing affordable housing, education, health care, and community development; directly comparable in product mix, CDFI status, and impact-driven lending model.
• Coastal Enterprises Inc. (CEI): CDFI financing small businesses, community facilities, and affordable housing in rural and underserved markets; comparable in mission focus on rural community development and nonprofit loan fund structure.
• Clearinghouse CDFI: California-headquartered CDFI providing financing for affordable housing, community facilities, and small businesses; comparable as a regional CDFI lender with similar product set and federal certification.
• Pacific Community Ventures: West Coast CDFI supporting small businesses and community economic development; comparable as a regional CDFI lender serving similar underserved Western U.S. markets.

Others

• Opportunity Finance Network (OFN): National membership/financing intermediary for CDFIs; comparable ecosystem player that provides capital, training, and advocacy to CDFIs like NewWest.
• NeighborWorks America: National network of community development nonprofits; NewWest partners with NeighborWorks Boise and is comparable as a related ecosystem actor in affordable housing and community development finance.

Regional players

• MoFi (Montana & Idaho Community Development Corporation): Regional CDFI serving Montana and surrounding states; comparable as a smaller regional CDFI lender in adjacent Intermountain West markets with similar product focus on small business and community facilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/NewWestCC
• Facebookfacebook.com/NewWestCapital
• LinkedInlinkedin.com/company/newwest-community-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NewWest Community Capital