Driving Positive Change and Creating a Better System
Sustainable Financing Solutions
CRF and its partners have long collaborated to create innovative financial solutions for the community development finance industry, creating new tools to enhance social and economic impact in underserved communities nationwide. Today, we continue to be an effective voice for new policies and programs that benefit lenders, borrowers, social investors and ultimately the communities we serve.
In addition, CRF has a prominent seat at the table for discussions of new advocacy and policy strategies to support the industry. We’ve initiated many of these discussions and, along with our partners, have worked diligently to help garner consensus from a wide range of elected officials who understand the benefit of community investment. Our work continues today as federal, state and local governments look for new ways to improve the lives of people living in communities with economic challenges.
Injecting needed capital into communities
Bond Guarantee Program
As a qualified issuer, CRF uses this innovative federal credit initiative to provide credit-worthy CDFIs access to long-term, enterprise capital with fixed rates through the sale of federally-guaranteed bonds purchased by the Federal Financing Bank.
New Markets Tax Credit Program
New Markets Tax Credits revitalize economically challenged communities by creating public-private partnerships that provide much-needed capital to strengthen businesses and community facilities.