Capitalizing Community Development Financial Institutions
Community Development Financial Institutions (CDFIs) are US Treasury–certified financial institutions devoted to ensuring all people and communities have access to the investment capital and financial services they need to prosper. To do their work, CDFIs need debt and equity to lend and invest. They also need funding to support organizational capacity and innovation, to meet lenders’ and regulators’ requirements, and for the programmatic work and impact measurement essential to serving their markets well. This brief discusses CDFIs’ financial needs and strategies to enable CDFIs to grow the finances from traditional and new funders and investors that support their work.