Community Reinvestment Fund, USA (CRF) is pleased to announce it has hired a new team member—John A. Bodnar as its new Small Business Community Lender. Bodnar will be working with CRF’s small business lending team in the Chicagoland area. Bodnar has more than 22 years of experience in business and commercial banking, including the past […]
Community Reinvestment Fund, USA Receives $2.7 Million Grant from Wells Fargo Foundation
Multi-year grant will help CRF reach and serve thousands of new, diverse small business owners MINNEAPOLIS – March 11, 2019 – Community Reinvestment Fund, USA (CRF) – a mission-driven non-profit lender dedicated to improving communities and transforming lives – is proud to be the recipient of a $2.7 million, three-year Activator Grant from the Wells Fargo Foundation […]
CRF Announces Seven New Board of Trustees Members
Community Reinvestment Fund, USA (CRF) is pleased to announce the election of seven new board members. Staff and current board members welcome David Adame, President & CEO, Chicanos Por La Causa; Gavin Borowiak, Division Manager, Midwest & Government /Not-for-Profit for Business Banking, JP Morgan Chase Bank N.A; Beatrice Kelly, Operations Director, VP, Community and Economic […]
EXECUTIVE SUMMARY: ASSESSING CHICAGO’S SMALL BUSINESS ECOSYSTEM
On behalf of the many contributors who have participated in this research project, we are pleased to share the following assessment of Chicago’s small- and medium-business (SMB) ecosystem. Beginning in 2018, The Chicago Community Trust, JPMorgan Chase, and Polk Bros. Foundation partnered to sponsor a comprehensive market assessment on businesses owned by women and people of color, especially those […]
Detroit Home Mortgage Helped to Double Approved Mortgages
Within the last three years, Detroit’s approved mortgage rates have doubled thanks in a large part to the efforts of Detroit Home Mortgage (DHM), which is helping to make homes affordable by eliminating the appraisal gap. Community Reinvestment Fund, USA (CRF), to make homes affordable and accessible for people living and working in Detroit, initially spearheaded […]
CRF Launches Diversity, Equity, and Inclusion Initiative
Community Reinvestment Fund, USA (CRF) was founded on a simple, but big idea: transform the community development finance system so all people have the opportunity to realize their full potential. Learn more about CRF’s mission and values. Over the past 30 years, CRF has continually worked to meet this goal by developing innovative financial products, […]
Twin Cities Businesses Create Positive Ripple Effect in Communities with CRF Financing
National nonprofit Community Reinvestment Fund, USA (CRF), is working to create big impact through community development lending. Neal St. Anthony of the StarTribune interviews Anissa Keyes, owner of Arubah Emotional Health Services, a small business lending customer of CRF about her journey as a small business owner and finding financing. St. Anthony quotes Jennifer Ericson, […]
Jennifer Ericson Wins Coleman’s Mission-Based SBA Lender of the Year!
Congratulations to Community Reinvestment Fund, USA’s (CRF) Jennifer Ericson for being named 2018’s Coleman Mission-Based SBA Lender of the Year! Jennifer works as CRF’s Regional Director of Business Development for the East and Midwest regions of the United States. Her responsibilities include relationship-building with partner organizations across the nation as well as thoughtfully and effectively […]
CRF President & CFO, Jennifer Anderson, named a 2018 Top Woman in Finance
We are thrilled and proud to announce that CRF’s president and chief financial officer, Jennifer Anderson, has been selected as one of 2018’s Top Women in Finance by Finance & Commerce. A Career Dedicated to Inclusive Finance Throughout her career, Jennifer Anderson has always been focused on promoting financial inclusion. After the financial crisis, this passion […]