Community Development Financial Institutions
Page 2

CDFIs could be community development banks, community development credit unions, community development venture capital funds, microenterprise development loan funds, or community development corporations.

In order to validate its existence and function properly, CDFIs need to be certified by the Community Development Financial Institutions Fund, and through these, the CDFIs will then be provided with funds and finances through several programs and initiatives.

CDFIs can provide financial assistance to challenged communities such as small business and underserved populations. The overall mission of the CDFI fund is to provide the American people with accessible, nonetheless affordable, credit, capital, and financial services.

Initially, the CDFI Fund was created for the sole purpose of economic rehabilitation and community development through investing and providing financial assistance to community development financial institutions (CDFIs).

Since its creation in the year 1994, the Community Development Financial Institutions Fund has already administered over $1.4 billion to various community developments and financial institutions.

If you wish to read more about the CDFI Fund, you can visit the its official website at http://www.cdfifund.gov.

Community Development Financial Institutions
  Back to Page 1

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on artist grants and children grants.

Additional Resources

category - Community Development Grants

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs
The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

---

Government Grants Within The United States Transportation Sector
Getting from point A to point B could be both the simplest and most complex issues to ever grace the existence of mankind. Though for the any government, especially the United States government which takes pride in the constantly ensuring the safety and welfare of its people, the issue of transportation is an entirely different story.

---

Government Grants Within The United States Energy Sector
Can you imagine your life without energy? Without electricity? Picture going on a full day without power, no lights, no water supply, no air-conditioning, no computers, no internet connection, no nothing. Seems pretty bleak, doesn't it?

---

State Vital Statistics Improvement Program
In keeping with this mission, the Centers for Disease Control and Prevention has established the State Vital Statistics Improvement Program in an attempt to is to enhance the operational efficiencies of the state vital statistics programs and their ability to provide timely, high quality, and comparable data to the National Vital Statistics System (NVSS).

---