New CRF Website Puts People, Jobs, and Opportunity First
The new CRF website, which was last updated in 2013, reflects the organization’s new strategic plan and emphasizes how access to capital, catalyzed finance ecosystems, and policy and advocacy work together to empower communities and change lives. We are dramatically scaling our work and transforming the community development finance system to better serve underinvested communities across the nation.
Opening Doors to Prosperity for 30 Years
In the mid-1980s, Frank Altman and Warren Hanson had a revolutionary idea: create a secondary market for community development loans, which would help other community development organizations weather the uncertain funding atmosphere of the time.
Clearinghouse CDFI Closes $150 Million U.S. Treasury Bond to Finance Community Development Projects in California, Arizona, New Mexico, and Nevada
Bond represents the largest single bond loan to ever be originated through the U.S Treasury’s Bond Guarantee Program and brings Clearinghouse CDFI’s total issuance to $350 million since 2014
Community Reinvestment Fund, USA and U.S. Bank Partner to Expand Access to Credit for Small Businesses
CRF’s Connect2Capital platform is a new way to support small businesses that do not qualify for traditional credit products by matching them with other flexible sources of financing from mission-driven Community Development Financial Institutions (CDFIs).