Category: News

Community Reinvestment Fund, USA Tops $200 Million in SBA 7(a) Loans

CRF’s SBA lending accounts for more than 6,600 jobs created or retained MINNEAPOLIS – Mar. 21, 2018 – Community Reinvestment Fund, USA (CRF) – a mission-driven non-profit lender dedicated to improving communities and transforming lives – announced today that it has crossed the $200 million milestone for Small Business Administration (SBA) 7(a) lending. As a […]

Community Reinvestment Fund, USA and U.S. Bank Partner to Expand Access to Credit for Small Businesses

Connect2Capital platform will connect small businesses to responsible lending options from Community Development Financial Institutions MINNEAPOLIS–Community Reinvestment Fund, USA (CRF) – a mission-driven non-profit lender dedicated to improving communities and transforming lives – announced today that it has partnered with U.S. Bank to deliver a new solution for connecting small business borrowers with responsible lending […]

Community Reinvestment Fund, USA Receives $65 Million New Markets Tax Credit Allocation

MINNEAPOLIS – November 17, 2016 – Community Reinvestment Fund, USA (CRF), a non-profit organization that empowers people to improve their lives and strengthen their communities, announced that its affiliate, National New Markets Tax Credit Fund, Inc., received $65 million in federal New Markets Tax Credit (NMTC) funds. Since the program’s inception in 2001, CRF has received […]

JPMorgan Chase kicks off Denver Startup Week with grants for underserved entrepreneurs

DENVER – Chase for Business is returning as a title sponsor of Denver Startup Week, and will spotlight programs that assist Denver’s underserved entrepreneurs, plus engage U.S. Small Business Administrator Linda McMahon in a conversation focusing on startups and entrepreneurs. Chase’s highlights include: Community investment announcement at kickoffAt the Monday kickoff breakfast at the Seawell Ballroom, […]

Community Reinvestment Fund, USA Receives A $686,500 Financial Assistance Grant From U.S. Department of Treasury’s CDFI Fund

The grant will help increase CRF lending in low-income and economically distressed communities. MINNEAPOLIS – September 20, 2017 – Community Reinvestment Fund, USA (CRF), a Minneapolis-based national non-profit and Community Development Financial Institution (CDFI), has been awarded a $686,500 Financial Assistance grant from the U.S. Department of the Treasury CDFI Fund. The grant will strengthen […]

Entrepreneurs can receive a grant of up to $5,000 through the Pathway to Success Small Business Grant Program

We’re looking for Twin Cities-based small businesses that are making a lasting impact on their employees, customers, and neighbors. Minneapolis, MN – (July 31, 2017) Twin Cities entrepreneurs have an opportunity to win one of three grants (one $5,000 grant and two $2,500 grants) for their small business by applying through the Pathway to Success Small […]

Community Reinvestment Fund, USA, Issues $100 Million in Bonds under the CDFI Fund Bond Guarantee Program

Program’s first issuance designed to finance and refinance residential home mortgages for low-income families MINNEAPOLIS – September 27, 2017 – Community Reinvestment Fund, USA (CRF), a Minneapolis-based nonprofit and Community Development Financial Institution (CDFI), issued a $100 million bond on behalf of Aura Mortgage Advisors, LLC (Aura). Aura is an affiliate of Boston Community Capital […]

Community Reinvestment Fund, USA Announces Four New Board of Trustees Members

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. The staff and current board are pleased to welcome Janie Barrera, President & CEO, LiftFund; Eileen Fitzgerald, President, Stewards of Affordable Housing for the […]

Community Reinvestment Fund, USA Wins Small Business Leader Award from Goldman Sachs 10,000 Small Businesses, the Surdna Foundation, and Opportunity Finance Network

Recognized for transformative financing strategies in disinvested communities FOR IMMEDIATE RELEASE ATLANTA (October 26, 2016) – Goldman Sachs 10,000 Small Businesses, the Surdna Foundation and Opportunity Finance Network (OFN) today announced that Community Reinvestment Fund, USA (CRF) is a recipient of the Small Business Leader Award (SBLA) for their transformative and innovative growth strategies. CRF is one of four Community Development […]