Since 1997, AAFE's affiliate, Renaissance Economic Development Corporation (REDC) has been providing direct financing and
technical assistance services throughout New York City. REDC focuses on low-income, immigrant neighborhoods where the
barriers of language, culture and conventional loan underwriting have stymied the growth of small businesses.
Underpinning all of REDC's lending activity is a commitment to increase business opportunities for low-income,
minority, women, and immigrant entrepreneurs.
REDC offers the following financial and technical assistance programs: Microenterprise Loan Program, Small Business Loan Program,
the Renaissance/Trickle Up Micro-Enterprise Seed Capital Program, and the Renaissance Business Training Program (BTP).
1 Pike Street
New York, NY 10002