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. Since its creation, the CDFI Fund has awarded more than $5.2 billion to CDFIs, community development organizations, and financial institutions through: the Bank Enterprise Award Program; the Capital Magnet Fund; the CDFI Rapid Response Program; the Community Development Financial Institutions Program, including the Healthy Food Financing Initiative; the Economic Mobility Corps; the Financial Education and Counseling Pilot Program; the Native American CDFI Assistance Program; and the Small Dollar Loan Program. In addition, the CDFI Fund has allocated $66 billion in tax credit allocation authority to Community Development Entities through the New Markets Tax Credit Program, and closed guaranteed bonds for more than $1.8 billion through the CDFI Bond Guarantee Program.
View Top Employees from Community Development Financial Institutions Fund (CDFI Fund)Website | https://www.cdfifund.gov/ |
Revenue | $6.3 million |
Funding | $195 million |
Employees | 25 (14 on RocketReach) |
Founded | 1994 |
Address | 1801 L Street, NW 6th Floor, Washington, District of Columbia 20005, US |
Phone | (315) 474-1939 |
Industry | Government Administration, Government |
Competitors | City First Bank, Common Capital Inc., Community Capital Bank, Hope Credit Union, NEW MARKETS TAX CREDIT COALITION |
SIC | SIC Code 614 Companies, SIC Code 61 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 5222 Companies, NAICS Code 522 Companies |
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The Community Development Financial Institutions Fund (CDFI Fund) annual revenue was $6.3 million in 2024.
14 people are employed at Community Development Financial Institutions Fund (CDFI Fund).
Community Development Financial Institutions Fund (CDFI Fund) is based in Washington, District of Columbia.
The NAICS codes for Community Development Financial Institutions Fund (CDFI Fund) are [52, 5222, 522].
The SIC codes for Community Development Financial Institutions Fund (CDFI Fund) are [614, 61].