The Community Development Financial Institutions Fund

The Community Development Financial Institutions Fund (CDFI Fund) is a government program that supports organizations providing financial services in underserved communities. These organizations, called Community Development Financial Institutions (CDFIs), help promote economic growth by offering loans, investments, and financial tools to small businesses, entrepreneurs, and individuals who might not qualify for traditional banking. The fund offers grants and funding to CDFIs to improve their capacity and reach, ultimately fostering job creation, affordable housing, and community development in areas that need it most.