Twin Cities Businesses Create Positive Ripple Effect in Communities with CRF Financing

MINNEAPOLIS, MN – January 30, 2017 – Community Reinvestment Fund, USA (CRF), a Minneapolis-based non-profit, elected four new members to their Board of Trustees at the January 26, 2017 board meeting.

Vote for your favorite CRF borrower in the Calvert Foundation Small Business Competition

Recognized for transformative financing strategies in disinvested communities

Top-rated lenders Capital Impact Partners, Low Income Investment Fund and Reinvestment Fund will support economic development projects across the nation

The grant will help enhance small business lending efforts in low-income and economically distressed communities.

CDFIs help banks meet CRA requirements

Thanks to funding support from the Kresge Foundation, the Ford Foundation, Michigan State Housing Development Authority and Huntington, FirstMerit, Flagstar, Talmer and Liberty Banks, CRF was able to launch Detroit Home Mortgage. Read below to find out how it will help increase home ownership in the city of Detroit.