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About CRF - Boilerplate

Founded in 1988, Community Reinvestment Fund, USA (CRF) is a national non-profit organization with a mission to improve lives and strengthen communities through innovative financial solutions. A leading Community Development Financial Institution (CDFI), CRF supports mission-driven organizations, increases economic mobility, and builds strong local economies through the development of solutions aimed at creating an equitable financial system. CRF has injected more than $3.6 billion to stimulate job creation and economic development and support community facilities.


Matt Roth joins CRF as CEO.

CRF and Conduit Capital partner to create RuralWorks Partners, a joint venture with the mission to increase economic mobility, generate community wealth, and build a more equitable and resilient rural economy.

CRF partners with public, private, philanthropic and other small business support organizations to develop, launch and administer local and regional small business recovery programs, resulting in the deployment of hundreds of millions of dollars.

CRF partners with its nationwide network of partners to quickly deploy $700 million in Paycheck Protection Program (PPP) loans and other emergency financing to small business during the COVID-19 pandemic.

CRF launches Detroit Home Mortgage to help home buyers overcome appraisal gap challenges in the city.

CRF launches SPARK, its online small business loan origination platform. CRF launches Connect2Capital, an online small business lending marketplace.

CRF and  Co-Founder, Frank Altman receive the Social Capitalist Award (“45 Social Entrepreneurs Who Are Changing the World”) from Fast Company Magazine.

CRF and other organizations help create the New Markets Tax Credit program.

Several organizations provide seed money to jump-start CRF.

CRF issues first debt offering.

Co-Founders Frank Altman and Warren Hanson conceive the CRF concept in response to uncertain community development funding.