The Baltimore Community Development Financing Corporation was created as a financing intermediary in 1989 to promote the revitalization of neighborhoods within Baltimore City. The entity changed its name to Baltimore Community Lending in 2006, and has been a federally certified nonprofit community development financial institution (CDFI) since 2002.

Since its inception BCL has sought to strengthen neighborhoods through flexible financial assistance, leveraging nearly $160 million to produce 3750 affordable homes and 450,000 square feet of commercial and community facility space. BCL has also directly assisted homeowners, providing capital to Baltimore households  threatened by predatory lending to refinanced $3.5 million into affordable loan mortgages, and administering training and technical assistance to homeowners to complete $2.7 million in repairs so that they could preserve their homes.

BCL has earned a reputation as an innovative CDFI—one that meets the financing needs in underserved Baltimore neighborhoods through direct capital investment and serves as an effective vehicle for institutions, individuals and investors to effect neighborhood change.