CDFI (Community Development Financial Institutions) Fund

The CDFI Fund is a government program that supportsfinancial institutions dedicated to serving underserved communities. It provides funding, grants, and resources to help community development financial institutions (CDFIs) offer loans, investments, and financial services to people and businesses that might not otherwise have access to mainstream banking. The goal is to promote economic growth, create jobs, and improve quality of life in low-income areas by increasing access to affordable financial services. Essentially, it helps foster economic opportunity and stability in communities that need it most through targeted financial support.