Community Development Financial Institutions (CDFI) Fund

The Community Development Financial Institutions (CDFI) Fund is a program by the U.S. government that supports specialized financial institutions called CDFIs. These institutions focus on providing loans, investments, and financial services to underserved communities—such as low-income neighborhoods, minority populations, and rural areas—that often lack access to traditional banking. The goal is to stimulate economic growth, create jobs, and improve living conditions by ensuring these communities have vital financial resources. The CDFI Fund offers grants and low-cost capital to help these institutions serve their communities more effectively.