PROJECTCommunity Development Financial Institutions

Community development financial institutions (CDFIs) are private financial organizations driven by a mission to bring mainstream finance and economic inclusion to underserved communities. While CDFIs come in many forms—they can be for-profits, nonprofits, credit unions, banks, loan funds, or venture capital funds—they are all certified by the Treasury Department’s CDFI Fund to help communities grow equitably by offering affordable and sustainable financial services, as well as affordable credit and investment capital.

Our research on CDFIs includes mapping the distribution of CDFI services across the country, identifying metrics to measure CDFI activities’ effectiveness, and convening CDFI leaders to discuss state and local policy opportunities to expand CDFI impact.

Reports and briefs
A New Era of Racial Equity in Community Development Finance
Capturing Shared Impacts of the Partners for Rural Transformation
Improving Access to Capital for Small-Business Owners of Color
Promoting Equity Investments for An Equitable Recovery
Capturing Shared Impacts of the Partners for Rural Transformation
Improving Access to Capital for Small-Business Owners of Color
Supporting Latino and Immigrant Entrepreneurs in a Time of Crisis
Making Community Development Capital Work in Small and Midsize Cities
A New Agenda for Community Development Finance
Tracking the Unequal Distribution of Community Development Funding in the US
Capital Access Programs: CDFI Case Study on the California Capital Access Programs
Financing the Development in Transit-Oriented Development: CDFI Case Study
Expanding Community Development Financial Institutions
From Compliance to Learning
Making Sure There Is a Future
Scaling Impact for Community Development Financial Institutions
State and Local Policy: A Critical Concern for CDFIs
Mission Finance in the Motor City

Commentary
What the Bay Area and Cleveland reveal about trends in federal community development funding
Four ideas for strengthening the finances of community development financial institutions
Six ideas to help community development financial institutions better demonstrate their impact
The unsung financial institutions that fund inclusive community development

Events
What Does It Take To Transform Persistent Rural Poverty into Opportunity?
The Past and Future of Investing in CDFIs to Expand Lending to Diverse Small Business Owners
Supporting Latino and Immigrant Entrepreneurs in a Time of Crisis
Building Healthier Economies with CDFIs

For related content, see our work on capital flows, the New Markets Tax Credit, and Opportunity Zones.

Research Areas Neighborhoods, cities, and metros
Tags Community and economic development Community development finance and CDFIs