Community Development Financial Institutions (CDFIs) – The CDFI Fund, established by the bipartisan Riegle Community Development and Regulatory Improvement Act of 1994, serves the crucial purpose of promoting economic revitalization and community development by investing in and assisting Community Development Financial Institutions (CDFIs). Playing a significant role in fostering economic growth and opportunity in distressed communities, the CDFI Fund provides tailored resources and innovative programs that combine federal dollars with private sector capital, supporting mission-driven financial institutions that take a market-based approach to uplift economically disadvantaged communities. These institutions are encouraged to seek CDFI Certification and engage in CDFI Fund programs, injecting new capital sources into neighborhoods lacking access to financing.
Description
The CDFI Fund was created for the purpose of promoting economic revitalization and community development through investment in and assistance to Community Development Financial Institutions (CDFIs). The CDFI Fund was established by the Riegle Community Development and Regulatory Improvement Act of 1994, as a bipartisan initiative.
The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation's most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities. These mission-driven organizations are encouraged to apply for CDFI Certification and participate in CDFI Fund programs that inject new sources of capital into neighborhoods that lack access to financing.
Location
Contact Information
Contact Listings Owner Form
Community Development Financial Institutions (CDFIs) – The CDFI Fund, established by the bipartisan Riegle Community Development and Regulatory Improvement Act of 1994, serves the crucial purpose of promoting economic revitalization and community development by investing in and assisting Community Development Financial Institutions (CDFIs). Playing a significant role in fostering economic growth and opportunity in distressed communities, the CDFI Fund provides tailored resources and innovative programs that combine federal dollars with private sector capital, supporting mission-driven financial institutions that take a market-based approach to uplift economically disadvantaged communities. These institutions are encouraged to seek CDFI Certification and engage in CDFI Fund programs, injecting new capital sources into neighborhoods lacking access to financing. 0 reviews
Write Your ReviewThere are no reviews yet.