On February 21, 2024, the U.S. Department of the Treasury published updated FAQs for the State Small Business Credit Initiative (SSBCI). The update provides an answer to the question: "How does Treasury identify CDFI Investment Areas for purposes of...

State Small Business Credit Initiative (SSBCI) credit support programs present an opportunity for community development financial institutions (CDFIs) to expand their lending to eligible small businesses, including to underserved small businesses...

A new report from Croatan Institute highlights how the Soil Wealth Area model can facilitate more investment in regenerative agriculture, enhance conservation, and support resilient rural economies. The report provides specific recommendations for...

Linking development finance and food systems can be a daunting undertaking for any community. Research on the current ecosystem of food systems finance has positioned CDFA to identify key strategies for the path ahead in this work. The Food Systems...

Regenerative farms rely on small-to-mid scale, aligned infrastructure to process, transport, and market their products. These middle infrastructure businesses help to improve farm income and bolster regional food economies while providing...

This report describes how three CDFIs drive economic growth in low-income and historically marginalized communities through a model defined by the EFOD Collaborative as Equitable Food Oriented Development (EFOD). EFOD is a development approach that...

Developed by the Federal Reserve Bank of St. Louis, the newly enhanced Community Investment Explorer (CIE) 2.0 includes over 73 million transactions totaling over $3.2 trillion in community and economic development capital from 2012 to 2020. This...

Through data analysis supported by stakeholder interviews and case studies, this research from the National League of Cities identifies factors that support local engagement in regional economies, how these factors vary for urban and rural places,...

Recognizing the urgency of the pandemic and related crises, on June 7, 2021, the Federal Reserve Bank of New York approached the U.S. Impact Investing Alliance to write a report about the current landscape of capital sources for community investment...

During this installment of the CDFA // BNY Mellon Webcast Series, we explored the trend of CDFIs furthering their social impact investing goals by obtaining credit ratings to issue debt.

During this installment of the CDFA Food Systems Finance Webinar Series, we explored how investing in food-centered redevelopment can restore local food systems infrastructure, catalyze additional neighborhood development, and protect healthy,...

Organizations received $175.35 million from the FY2020 round of the Capital Magnet Fund. Awardees plan to develop nearly 23,000 Affordable Housing Units, including more than 20,300 Rental Units and more than 2,600 Homeownership Units. Combined, 97%...

This interactive data tool from the Federal Reserve Bank of St. Louis shows total SSBCI investments, percent of investments in LMI and rural areas, investments by MSA, investments by loan programs, CDFIs, and more.

The CDFI Fund has released its calendar year 2019 awards for the New Markets Tax Credit (NMTC) program. The round of funding awarded over $3.5 billion in NMTC allocation to 76 community development entities.

This is the 2020 edition of NMTC Coalition’s annual report on the loans, investments, and community impact of the New Markets Tax Credit.

A new paradigm is emerging – one in which mainstream investors increasingly want to invest in the social, economic, and environmental well-being of communities. LISC's research paper, CDFIs and the Capital Markets: Tapping into Impact Investors,...

During the April 3, 2020 Weekly COVID-19 Development Finance Briefing, experts from the North Carolina Rural Center, the Local Initiatives Support Corporation, and the New Orleans Business Alliance discussed their respective approaches to local...

The purpose of this guide is to offer tribal leadership in New Mexico with a comprehensive overview of the steps required to create homeownership programs on reservation land, with a particular focus on the mortgage lending process.

The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, delivers timely information on small business financing needs, decisions, and outcomes to policymakers, lenders, and service providers. The report...

This new report by Enterprise Community Partners and NeighborWorks America shows how an innovative pilot program – the Health Outcomes Demonstration Project – equipped 20 affordable housing and community development organizations to evaluate the...

The U.S. Department of the Interior provides steps and answered questions about financing a tribal or native-owned business.

During this installment of the CDFA // BNY Mellon Webcast Series, Lamont Price with the Tennessee Department of Economic and Community Development, Teela Spiller with the Atlanta Micro Fund, and Eric Clement with the NYCEDC highlighted several...

This 2017 white paper from LISC offers an overview and analysis of the CDFI industry and its trajectory of social impact investing. The field of community development financing is changing radically, and as pools of funding shift and contract, it is...

Jim Carras discusses how the workforce housing movement is building in Florida and talks about the different financing tools that can be assembled to address the gap needed to make workforce housing and affordable housing available.

Mitch Rosenstein discusses how the workforce housing movement is building in Florida and talks about the different financing tools that can be assembled to address the gap needed to make workforce housing and affordable housing available.

Jim Walker discusses how the ability of the NMTC program to expand the availability of credit, investment capital, and financial services in distressed urban and rural communities makes this financing tool a viable option for brownfields...

Building on the concept of creative placemaking, this paper presents an idea for a CDFI organized around art: CultureBank. Housed at Yerba Buena Center for the Arts, this nonprofit bank will specialize in unleashing asset value in art collections...

This report by Summit Consulting on New Markets Tax Credit Program examines whether the recipients of NMTC have complied with NMTC Program requirements, and whether the recipients’ NMTC investment activities have aligned with the objectives of the...

Georgia’s small businesses are essential to the state’s well-being, but often times overlooked and underutilized in many economic growth strategies and financing programs. Holly Hunt with the Georgia Department of Community Affairs focuses on how...

Industry experts from around the state and from various federal agencies will discuss development finance programs and their potential to spur job creation and growth in the economic development industry.

Matt Dempsey discusses how since 2013, the Town of Winter Park has been approved to develop three unique properties aimed at increasing attractions for the community. The three plans call for dedicated investment in mixed-use redevelopment including...

This paper provides recommendations for organizations and policymakers in order to support the best possible housing choices for the millions of Americans with disabilities. Case studies profile four providers with differing approaches to housing...

Sandra Rahimi is a manager at Los Angeles Development Fund, and she explains how New Markets Tax Credits benefit community project developments.

The CDFI Fund released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year 2013. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an...

.Duanne Andrade from Solar Energy Loan Fund talk about lessons learned and the success seen from SELF as they have adapted to meet the needs of the community.

A brief description of each of the loans that have been made by Living Cities' Catalyst Fund.

This resource from Arabella Advisors provides a brief overview of the role mission investments can play in supporting the development of low-income communities.

In this report, the Greater Cincinnati Foundation explores the potential benefits of using impact investments to finance community development.

Business Facilities provides a list of some of the incentives available for companies in New York.

Doug Coward from Solar Energy Loan Fund (SELF) gives an overview of SELF, which is the only CDFI in America administering a PACE program.

Nelson Black from Florida Community Loan Fund shows how New Markets Tax Credits can be used to support development though examples from across Florida.

Jim Carras from Carras Community Investment, Inc. shows how New Markets Tax Credits are used as part of the development finance toolbox.

The purpose of this paper is to provide context for the trend of declining banks in rural America, argue for the importance of CDFIs in rural markets throughout the country, and illustrate why Southern Bancorp is equipped to help remedy the problem...

Kent Curtis, President & CEO of First Southwest Bank, explains the role of CDFI's and the impact their programs can have on communities.

This report by the U.S. Department of Treasury discusses CDFI's involvement in the SSBCI program. Best practices include those in California, Georgia, Kentucky, Minnesota, Montana, and Washington.

This report from the U.S. Treasury outlines best practices for states partnering with CDFIs to increase small business lending.

This Infographic from Democracy Collaborative shows how community development financial institutions build community wealth. Community development financial institutions (CDFIs) provide credit and financial services to people and communities...

Bernie Mazyck, President & CEO of the South Carolina Association for Community Economic Development, explains the role of the Association in appropriating dollars for investment and administering state tax credits.

This Report provides information on each entity that has not finalized all of its NMTC allocations, and it identifies, among other things, the total allocation amount received by each entity; the dollar amount of allocation authority that has been...

SSBCI staff facilitated the creation of a working group focused on SSBCI in underserved markets. This report summarizes the observations of the working group as to both common and unique approaches taken by state SSBCI programs in addressing their...