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 supply capital to local community development lenders so they can meet goals like these:
- Grow small businesses
- Increase affordable housing
- Create and preserve jobs
- Build child care centers
- Develop community facilities
- And more.
At the same time, we enable financial institutions, socially-motivated investors, and accredited individuals to reach their social investment goals.
CRF operates the leading national secondary market for community and economic development loans—a market CRF pioneered. We purchase economic development and affordable housing loans from community development lenders. We then pool them into asset-backed debt securities and New Markets Tax Credit (NMTC) investment funds, which we privately place with institutional investors.
CRF is a national nonprofit organization based in Minneapolis, Minnesota. CRF is not affiliated with any governmental agency.