Clearinghouse CDFI Closes $150 Million U.S. Treasury Bond to Finance Community Development Projects in California, Arizona, New Mexico, and Nevada

Clearinghouse Community Development Financial Institution (Clearinghouse CDFI)—a mission-based financial institution serving low- to moderate-income communities in California, Arizona, New Mexico, Nevada, and Sovereign Nations—announced today that it has closed a $150 million bond from the United States Treasury Department’s CDFI Bond Guarantee Program (BGP) issued through the Community Reinvestment Fund, USA (CRF). Clearinghouse CDFI’s 2018 bond is the largest, single bond loan to ever be originated through the U.S Treasury’s CDFI BGP, and the third time that Clearinghouse CDFI has been a bond recipient. Since 2014, Clearinghouse CDFI has been issued $350 million in total bonds from the program—the most of any institution.

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