Community Reinvestment Fund, USA (CRF), is pleased to announce the election of Renay Dossman and Ja’Net Defell to its Board of Trustees.   Renay Dossman, MA, is the President and CEO of Neighborhood Development Center (NDC), where she leads efforts to foster economic growth and empowerment in underserved communities. With a Master’s in Organizational Leadership from […]

We are excited to share that CRF’s Director of Bond Guarantee Program Linnea Dockter received a 2024 Top Women in Finance award from Finance and Commerce. Finance and Commerce is an independent daily newspaper providing news, analysis, and commentary on Minnesota business. Their Top Women in Finance award recognizes industry-leading executives, business owners, and entrepreneurs […]

$7.85M in investments will help build a more equitable small business ecosystem CINCINNATI— Fifth Third Bank has partnered with Community Reinvestment Fund, USA (CRF) to launch the Small Business Catalyst Fund, a $7.85M investment that will empower small businesses across Fifth Third’s 11-state footprint to grow and create jobs in their communities and build a more […]

CRF will use the $325 million issuance to support three CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has announced the issuance of $325 million in bonds to CRF through the CDFI Bond Guarantee Program (BGP). With this issuance, CRF will issue bonds on behalf of three organizations, including […]

Community Reinvestment Fund, USA (CRF) is tremendously honored to receive a record $20 million grant from philanthropist MacKenzie Scott. This is the second award CRF has received from Scott, having received a $15 million donation in 2020. The unprecedented size and unique structure of this grant provides CRF with an extraordinary opportunity to maximize our […]

Community Reinvestment Fund, USA (CRF) and ProsperUs Detroit, a Detroit-based nonprofit Community Development Financial Institution (CDFI), are partnering to announce a new initiative designed to support Wayne County’s small business landscape. Through this strategic partnership and grant support from the CDFI Fund’s CDFI Equitable Recovery Program (CDFI ERP), ProsperUs Detroit is launching a new loan […]

Community Reinvestment Fund, USA (CRF) is excited to announce that it recently elected Jie Wang to its Board of Trustees. Jie has more than 25 years of experience in new business creation, strategic planning, product marketing, and business operations. She is currently launching a fintech services start-up company focused on effectively investing in economic development […]

We’re excited to share that Veterans Metal owner Andrew Kossowski was named the 2024 South Florida District and State of Florida Veteran Business Owner of the Year by the U.S. Small Business Administration (SBA). Located in Largo, FL, Veterans Metal is a metal finishing manufacturing business providing corrosion-control on stainless steel parts. Andrew, a U.S […]

We’re excited to share that Tamiko Bailey, president and CEO of Bailey’s Premier Services, was named the 2024 Small Business Person of the Year in the state of Texas by the U.S. Small Business Administration (SBA). This week, Tamiko and winners representing other states were recognized in Washington D.C. at the SBA’s National Small Business […]