CDFI Certification: A Building Block of Community Finance

Community Development with a Purpose

CDFI Certification: A Building Block of Community Finance

CDFI Fund

? CDFI Fund established by Congress in 1994 through the efforts of Federation and others in community finance

Mission of CDFI Fund

Expand the capacity of financial institutions to provide credit, capital, and financial services to underserved populations and economically distressed communities in the United States

? Certification given by the U.S. Department of Treasury ? Broad bi-partisan support; appropriations stable or increasing

CDFI Target Markets

? Places (Geographic)

CDFI Investment Area (Census Tracts)

Low Income High Poverty High Unemployment

384 Persistent Poverty Counties

Poverty rate above 20% as of 1990, 2000 and 2010

? People (Demographic)

Low Income Targeted Populations Other Targeted Populations

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download