Community Development Financial Institutes 

February 18, 2014
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Description

This tool (from U.S. Department of the Treasury) describes CDFI's which are specialized financial institutions that work in low-income neighborhoods where traditional financial institutions are less likely to make investments. They provide a unique range of financial products and services in economically distressed target markets, such as mortgage financing for low-income and first-time homebuyers and not-for-profit developers, flexible underwriting and risk capital for needed community facilities, and technical assistance, commercial loans and investments to small start-up or expanding businesses in low-income areas. It can be found in the Community Development guide under Act on What's Important for Community Development.

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