Community Development Financial Institutions Fund
E571
The Community Development Financial Institutions Fund is a U.S. government program that promotes economic revitalization and community development by providing financial and technical assistance to mission-driven lenders serving low-income and underserved communities.
Aliases (5)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
U.S. federal government agency
→
government program → grantmaking organization → |
| country |
United States
→
|
| createdBy |
Riegle Community Development and Regulatory Improvement Act of 1994
→
|
| focusArea |
affordable housing
→
community facilities → financial services access → microenterprise development → small business financing → |
| fullName |
Community Development Financial Institutions Fund
→
|
| fundingSource |
federal appropriations
→
|
| hasAbbreviation |
CDFI Fund
→
|
| headquartersLocation |
Washington, D.C.
→
|
| inception |
1994
→
|
| industry |
community development finance
→
economic development → |
| jurisdiction |
federal government of the United States
→
|
| languageOfWorkOrName |
English
→
|
| legalForm |
federal government fund
→
|
| locatedInTheAdministrativeTerritorialEntity |
District of Columbia
→
|
| locatedInTimeZone |
Eastern Time Zone
→
|
| manages |
Bank Enterprise Award Program
→
CDFI Bond Guarantee Program → CDFI Program → Capital Magnet Fund → Native American CDFI Assistance Program → New Markets Tax Credit Program → |
| mission |
increase economic opportunity and promote community development investments for underserved people and communities
→
|
| operatedBy |
United States Department of the Treasury
→
|
| oversightBy |
United States Congress
→
|
| parentOrganization |
United States Department of the Treasury
→
|
| partOf |
United States Department of the Treasury
→
|
| primaryBeneficiaries |
Community Development Financial Institutions
→
low-income communities → underserved communities → |
| programType |
financial assistance program
→
technical assistance program → |
| provides |
financial assistance awards
→
tax credit allocations → technical assistance awards → |
| purpose |
expand access to credit, investment, and financial services
→
promote economic revitalization in low-income communities → support community development in underserved areas → |
| regulates |
certification of Community Development Entities for New Markets Tax Credit Program
→
certification of Community Development Financial Institutions → |
| sectorServed |
low-income rural communities
→
low-income urban communities → |
| website |
https://www.cdfifund.gov
→
|