Are you a member of the general public who is looking
for a loan, perhaps to renovate your home or start
The Community Development Financial Institutions Fund,
or CDFI Fund, is a program within the U.S. Department
of the Treasury that awards money and tax credits to
community-based organizations that work in low-income
urban and rural
communities across America. These organizations, known
as CDFIs, all have a common mission of working toward
revitalizing economically depressed communities or
communities underserved by mainstream financial institutions
life of those
that live and work in these communities.
The CDFI Fund does not make loans directly to individuals
nor does it finance specific projects. Instead, the
CDFI Fund provides financing to CDFIs
that operate in communities for the
benefit of people that live in them. In
turn, these CDFIs
provide financing to: residents that want to buy their
first home; individuals that may want to start their
own business, for example renovating homes in their
neighborhood or opening a corner store or beauty salon;
owners of existing businesses, like a printing shop
or restaurant, that would like to expand their business
(helping create new jobs). In addition, many of these
CDFIs work with individuals on improving their credit
rating or helping them to create a monthly budget.
There are two ways to find CDFIs in your community:
to our searchable award database.
Under the Advanced Search option, select the
city or town you are located in and submit your
the profiles of the CDFIs that are returned
by your search. Identify those CDFIs
that offer the type
looking for. Some CDFIs only specialize
in certain types of loans. For example, one CDFI
loans for housing development, while another
for creating a small
If there are no CDFIs located in that city
or town you live in, don't be discouraged. Review
the profiles of CDFIs located in communities nearby
or review the profiles for all CDFIs located
your state. The reason we suggest this is that
some CDFIs may only serve the community
where they are
located while others may serve several
counties or the whole state.
Alternative 2: List of certified CDFIs
to our lists of certified CDFIs.
Scroll down to the "Certified CDFIs" section.
Click on the link for a list sorted by CDFI
credit union, venture capital fund). The
list will contain contact info. For each
you can use to contact the CDFI to inquire
about the types of assistance it may provide.
We hope that this is helpful. If you have any further
questions or suggestions, please e-mail us at