Since our inception in 1987, we have provided 385+ loans totaling over $45.7 Million, retaining and creating over 12,705 jobs.
In 2015 we were awarded our first New Markets Tax Credit (NMTC) allocation of $20 million. In 2016, we received our second NMTC Award, another $20 Allocation. BBIF Florida has closed NMTC projects that have created over $64 million in economic development projects In underserved communities and created over 884 permanent jobs.
Through our Financial Technical Assistance roundtable program we have interacted with over 3,250 business owners and professionals in Fiscal Year 2016.
BBIF Florida (BBIF) and the Financial Business Training Institute (FBTI) are proud to host the Harambee Celebration. Join us as we celebrate Black History Month and recognize the achievements of our clients across the state that exhibit the determination, charisma, dedication and entrepreneurial spirit of..Read More
BBIF Florida (BBIF) is pleased to announce the successful closing of $6 million in New Markets Tax Credit (NMTC) financing that assures Aspire Heath Partners has immediate resources for improving their current 135,000 sq. ft. Mercy Drive facility. The renovation includes converting a floor of..Read More
Inez Long, President/CEO, BBIF Florida (BBIF), has been re-elected to serve on the Opportunity Finance Network (OFN) Board of Directors for a second three-year term. Inez’s re-election came on October 26, 2016 during the OFN Annual Conference in Atlanta, GA. The Opportunity Finance Network (OFN)..Read More
The Black Business Investment Fund of Central Florida (BBIF Florida) is pleased to announce it has been awarded $20 million in New Markets Tax Credits (NMTC) from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund for a total of $40 million..Read More
During the BBIF Florida’s Board Strategic Planning Session of 2013, the BBIF Florida Board decided to rebrand BBIF Florida to reflect the organization’s growth and expansion of services and clients throughout the state launching the new organization name, BBIF Florida Florida. BBIF Florida is certified..Read More
May 2010, the BBIF Florida raised $1.05 million for a micro loan fund from the SBA and the ECLA
1992-1998, numerous partners added additional loan capital to the BBIF Florida, SunTrust Bank, Barnett Bank, AmSouth Bank, and the State of Florida (FBBIB). By September 1998, the BBIF Florida in partnership with its banking partners helped to provide $15 Million in loans to Black businesses..Read More
To develop and promote Black business enterprises through education, training, loans, investments, and other activities and aggressively promote an atmosphere conducive to their development.
BBIF Florida’s approach to developing a successful business is founded in the belief that business success is achieved when the right attitude, capacity, networking, access to capital and opportunities
To make BBIF Florida a self-sustaining and high-performing CDFI by utilizing business and real estate development other initiatives as tools for growth.
To provide loan capital and business development training to all minority and all underserved businesses.