Community Reinvestment Fund, USA (CRF) is excited to announce that Cyrus Kharas recently joined the organization in the role of Vice President of Program Design and Execution. As VP of Program Design and Execution, Kharas will work collaboratively with community partners and stakeholders to co-create and implement program-based solutions that scale capital access for small […]
Finance & Commerce recently announced the recipients of its 2023 Top Women in Finance Awards, and we are excited to share that CRF Senior Vice President, CDFI Fund Programs Jennifer Novak is among the honorees. The Top Women in Finance award recognizes the outstanding contributions and dedication of women to their profession, their communities, and […]
A recent article published in the October 2023 issue of Novogradac’s Journal of Tax Credits featured commentary from several community finance industry leaders, including CRF’s Senior Vice President, CDFI Fund Programs Jennifer Novak. The article highlights the 20-year anniversary of the first round of allocations disbursed by the CDFI Fund to community development entities through the […]
A collaborative effort to increase access to capital and support for community-based businesses and nonprofits.
In order to drive local wealth creation through small business support, CRF and its stakeholders have created a report on the landscape of opportunities and challenges faced by small contractors in Chicago.
Read Assessing Chicago’s Small Business Ecosystem, an in-depth market assessment and recommendations on how to address challenges and increases opportunities for Chicago’s diverse small businesses.
The result of a partnership between the City of New York, Goldman Sachs, Mastercard Center for Inclusive Growth, local Community Development Financial Institutions CDFIs, and CRF, the New York City Small Business Opportunity Fund (NYC SBS) launched in January 2023. Through the $75 million program, local community lenders provided loans ranging from $2,000 to $250,000 […]