Community Development Financial Institutes 

February 18, 2014
Resource type:
Description

This tool (from U.S. Department of the Treasury) describes CDFI's which are specialized financial institutions that work in low-income neighborhoods where traditional financial institutions are less likely to make investments. They provide a unique range of financial products and services in economically distressed target markets, such as mortgage financing for low-income and first-time homebuyers and not-for-profit developers, flexible underwriting and risk capital for needed community facilities, and technical assistance, commercial loans and investments to small start-up or expanding businesses in low-income areas. It can be found in the Community Development guide under Act on What's Important for Community Development.

Ready to Take Action?

Image
Action Center

Need help using these tools and resources? Check out our Action Center for step by step guides.

Get Started

Search Resources