Formed in 1992 as an ad-hoc policy development and advocacy initiative, the Coalition of Community Development Financial Institutions (CDFI Coalition) is the lead national organization in the United States promoting the work of community development financial institutions (CDFIs). Through its member organizations, the Coalition represents CDFIs working in all 50 states and the District of Columbia. This national network of CDFIs includes community development loan funds, community development banks, community development credit unions, microenterprise lenders, community development corporations and community development venture capital funds. The CDFI Coalition coordinates industry wide initiatives to increase the availability of capital, credit and financial services to low-income communities across the nation.
External link for CDFI Coalition
1155 15th St NW
400
Washington, District of Columbia 20005, US
CDFI Coalition reposted this
The New Markets Tax Credit (NMTC) is helping communities heal. In Uvalde, Texas, where tragedy struck at Robb Elementary, NMTC financing helped fully fund the new Legacy Elementary School. Thanks to investments from Prestamos CDFI, Raza Development Fund (RDF), and JPMorganChase this new school will serve as a place of learning and safety for Uvalde’s children. Read more about it here: https://lnkd.in/ejbFZXaF
Join us for the Monthly CDFI Campaign Call on April 9, 2025, from 4–5 PM EST! Hear the latest on federal funding, executive actions, and congressional engagement and learn how you can take action during upcoming Congressional Recess. Guest speaker Annie Donovan, CEO of Raza Development Fund (RDF) and former CDFI Fund Director, will share insights on effective messaging and advocacy strategies to strengthen our collective impact. April 9, 2025 4–5 PM EST Register now: https://lnkd.in/eQb6wXtt #CDFICampaign #Advocacy #CDFI
The U.S. Department of the Treasury has announced that Michael Faulkender has been confirmed by the United States Senate as the new Deputy Secretary. Read the full Press Release here: https://lnkd.in/eWTbR_7D
We've got maps! If you visit our state pages, you'll find a map with #CDFI borrower stories AND CDFI branch locations. Here's Virginia. You can access the state pages here: https://lnkd.in/eBKWkzP6
CDFI Institute Recap: On the Eve of the Executive Order on the CDFI Fund, CDFIs Met with Congressional Supporters from Both Parties https://lnkd.in/eHmg_saR
Local piece on Bridgeway Capital's impact in Erie, and what we would miss without the work of CDFIs: "If it wasn't for the Community Development Financial Institutions Fund, Erie's Learning Ladder Early Child Care Center might never have gotten off the ground." https://lnkd.in/exKtwk8h
CDFIs Are Pillars of Local Economic Growth for Rural and Urban Communities https://lnkd.in/eRzQ_NDk
CDFI Coalition Statement regarding the recent Executive Order: https://lnkd.in/e7fmvAcQ
WASHINGTON – U.S. Sens. Mark R. Warner (D-VA) and Mike Crapo (R-ID), co-chairs of the Senate Community Development Finance Caucus, issued the following statement: “When the CDFI Fund was developed 30 years ago, it was created in the form of a private-public partnership to promote access to capital in our most underserved urban and rural communities. “Since 1994, the CDFI sector has grown to over 1400 institutions, located in every state and territory in the nation — and leveraging at least $8 in private sector investment for every $1 in public funding received. “As co-chairs of the Community Development Finance Caucus, a group which has grown to 28 members, 14 Democrats and 14 Republicans, we are proud to reaffirm our bipartisan commitment to support the CDFI Fund’s mission.” https://lnkd.in/ememXhCA