Category: News

Community Reinvestment Fund, USA, Issues $165 Million in Federally Guaranteed Bonds

Top-rated lenders Capital Impact Partners, Low Income Investment Fund and Reinvestment Fund will support economic development projects across the nation MINNEAPOLIS – September 29, 2016–On behalf of three of the nation’s leading community development financial institutions (CDFI), Community Reinvestment Fund, USA, (CRF) has issued a $165 million bond in the fourth round of the U.S. Treasury […]

Community Reinvestment Fund, USA Receives $1.4 Million Financial Assistance Grant From U.S. Department of Treasury’s CDFI Fund

The grant will help enhance small business lending efforts in low-income and economically distressed communities. MINNEAPOLIS – September 27, 2016 – Community Reinvestment Fund, USA (CRF), a Minneapolis-based national non-profit and Community Development Financial Institution (CDFI), has been awarded a $1.4 million Financial Assistance (FA) grant from the U.S. Department of the Treasury CDFI Fund. […]

Community Reinvestment Fund, USA Receives $2 Million Grant From Sam’s Club Giving Program

The grant will help CRF reduce loan acquisition costs and provide new technology solutions to other mission-driven lenders MINNEAPOLIS – May 18, 2016 – Community Reinvestment Fund, USA (CRF), a Minneapolis-based national non-profit and Community Development Financial Institution (CDFI), has been awarded a $2 million grant from Sam’s Club Giving Program. The grant will help […]

Detroit Home Mortgage taps local community development veteran to lead initiative

Krysta Pate joins Detroit Home Mortgage in the program’s new downtown office space. DETROIT– Detroit Home Mortgage, the innovative new program designed to make Detroit home buying more accessible, announced today that community development expert Krysta Pate will lead the initiative as program director. Community Reinvestment Fund, USA (CRF), which administers Detroit Home Mortgage, also […]

CRF leads development of game-changing Detroit Home Mortgage, aimed at increasing homeownership and reinvestment in Detroit’s neighborhoods

DETROIT –  Community Reinvestment Fund, USA (CRF) led the development of an innovative new program to make Detroit home buying easier, collaborating with Detroit Mayor Mike Duggan, the Obama Administration’s Detroit Federal Working Group, Clinton Global Initiative, local banks, foundations and nonprofits. The result – Detroit Home Mortgage – was unveiled today: a new mortgage program to help solve […]

Accessing Investment Capital through the CDFI Bond Guarantee Program – Free Webinar 2/18

Accessing Investment Capital through the CDFI Bond Guarantee Program The CDFI Bond Guarantee Program is an innovative federal credit program that offers credit-worthy certified CDFIs access to affordable long-term capital. In this free Connecting Communities session, learn how this unique program incentivizes and empowers CDFIs to execute large-scale projects, including the development of commercial real […]

Public Votes to Select Winner of Twin Cities Boost Small Business Contest

Minneapolis, MN – (January 25, 2016) The public will choose one of 12 Twin Cities semi-finalists to win $3,000 for their small business in the Boost Small Business contest sponsored by Connect2Capital. Semi-finalists were selected based on their business story, community impact and how they will use the money to “boost their small business.” Semi-finalists: […]

Entrepreneurs can win $3,000 in the BOOST Small Business Contest

Twin Cities entrepreneurs have an opportunity to win $3,000 for their small business by entering the BOOST for Small Business contest sponsored by Connect2Capital. Connect2Capital is an online small business lending platform developed by Community Reinvestment Fund, USA (CRF), a non-profit small business lender. CRF judges will choose the semi-finalists and the public will vote online for […]