What is a CDFI?

Community Development Financial Institutions (CDFIs) are U.S. Treasury Department certified financial institutions created under authority of the 1994 Riegle Community Development and Regulatory Improvement Act. They are certified by the CDFI Fund.

CDFIs main mission is to promote economic development and job creation in communities, especially low income and financially under-served communities.

To learn more about CDFIs, read this comprehensive overview.

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