By providing responsible, affordable loans, Bridge Investment to help small businesses thrive and foster economic stability in communities that need it most. Our loans help to facilitate small business retention and growth, affordable housing creation and preservation, and job creation and retention in low-and-moderate income areas. As of August 2024, Bridge Investment has closed on 111 loans totaling $12.8 million, with 92.7% to borrowers located in low-income areas, primarily within the greater Quad Cities region. Our efforts have mobilized $187.5 million in project costs, benefiting areas facing high unemployment and poverty. Through our lending, we have supported the creation of 1,285 jobs, created/preserved 1,301 affordable rental units, and developed 261,605 square feet of commercial space.

Lending Where It Counts

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As a CDFI, we are supporting businesses and creating opportunities where they are needed most. Here’s a breakdown of our lending to date:
  • Rural Communities: $6.4 million invested in communities with populations under 2,500, providing essential support for small towns and rural businesses.
  • ​Illinois Quad Cities: $4.8 million invested in the Illinois Quad Cities, including Rock Island, Moline, and East Moline.
  • ​Iowa Quad Cities: $1.18 million invested in the Iowa Quad Cities, supporting business growth and economic development in Davenport and Clinton.
  • Metropolitan Areas (Outside the Quad Cities): $1.5 million invested in metro areas with populations over 100,000, extending our reach to ensure businesses in larger cities can also benefit from our flexible financing options.​
​With strategic lending across rural, urban, and metropolitan areas, Bridge Investment is driving meaningful impact and helping communities and businesses thrive. Together, we are building stronger local economies.

​Of the $4.8 million in total CDFI lending for the Illinois Quad Cities, $3.86 million has been deployed in Rock Island, IL, where Bridge Investment is based.

Highlights

There was strong interest: 15 projects asked for $88.3 million in gap financing, totaling $148.9 million in project costs. Projects came from big cities like Chicago, smaller towns like Mason City, Iowa, and even rural places like Joy, Illinois, showing the wide need for affordable loan capital. ​

Loans Closed

Total SF of Commercial Space Financed

Jobs Supported

93%

93% of Loans are to Borrowers located in Low-Income Areas

Affordable Housing Units
Bridge Investment Community Development Corporation
100 19th Street, STE 104 - Rock Island, Illinois 61201
(309) 732-4024
[email protected]
​Equal Opportunity Provider.
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In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to Department of the Treasury, Office of Civil Rights and Diversity, 1500 Pennsylvania Ave. NW, Washington, D.C. 20220 or call (202) 622-1160.

Any reference in this website to any person, or organization, or activities, products, or services related to such person or organization, or any linkages from this web site to the web site of another party, do not constitute or imply the endorsement, recommendation, or favoring of the U.S. Government, the CDFI Fund, or any of its employees or contractors acting on its behalf.