In 1994, three political leaders representing Hartford's southend neighborhoods, State Senator William Dibella, State Representative (now Senator) John Fonfara, and City Councilman (later State Representative) Art Feltman secured State bond funding to capitalize a new nonprofit loan fund, the South Hartford Initiative. In 2002, SHI was certified by the US Treasury Department as a community development financial institution (CDFI). In 2006, SHI's Board voted to broaden its mission to include all of Hartford's neighborhoods, changing the name of the organization to Hartford Community Loan Fund.
HCLF recognizes multiple bottom lines: we are responsible to our investors, but also to our community. We measure the value of what we do by portfolio performance and return on investment, but also by our community impact, including: