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What Community Reinvestment Fund, USA Does

Community Reinvestment Fund, USA (CRF) helps change the lives of people living in economically distressed communities across the country. We provide community development lenders with more capital to meet goals like these:

  • Grow small businesses
  • Increase affordable housing
  • Create and preserve jobs
  • Build child care centers
  • Develop community facilities

At the same time, we enable institutions, socially-motivated investors, and accredited individuals to reach their social investment goals.

To meet these capital and investment needs, CRF leads the nation in operating the secondary market for community and economic development loans—a market CRF pioneered. We purchase economic development and affordable housing loans from community development lenders. The loans are pooled into asset-backed debt securities and New Markets Tax Credit (NMTC) investment funds, which are sold to institutional investors through private placement.

CRF is a nonprofit organization based in Minneapolis. CRF is not affiliated with any governmental agency.