The Unified Voice of CDFIs

About the Coalition

History and Mission

Formed in 1992 as an ad-hoc policy development and advocacy initiative, the Coalition of Community Development Financial Institutions (CDFI Coalition) is the lead national organization in the United States promoting the work of community development financial institutions (CDFIs). Through its member organizations, the Coalition represents CDFIs working in all 50 states and the District of Columbia. This national network of CDFIs includes community development loan funds, […]

About CDFIs

While the term “community development financial institutions” or “CDFI” is relatively new, the concept itself is part of a rich history of self-help credit. From the immigrant guilds of New York City’s Lower East Side and the Prairie Populists of the late 1800s, to African-American communities forming the first community development credit unions in the 1930s, communities have sought self-help credit solutions because traditional financial institutions have ignored or abandoned them.

Make the Case to Congress

The CDFI Fund depends on Congressional appropriations. Contact Congress and urge them to support the CDFI Fund. Find out more in our Advocacy Toolkit.

Latest Posts

The President’s Budget Delivers a Devastating Blow to Economic Development

The President’s Budget Delivers a Devastating Blow to Economic Development

President Trump released his Fiscal Year (FY) 2018 budget today entitled, “America First: A Budget Blueprint to Make America Great Again.” The plan, as was reported a few weeks ago, makes deep cuts or eliminates many programs serving economically distressed rural communities and urban neighborhoods.  The proposal would all but eliminate Treasury’s Community Development Financial Institutions (CDFI) Fund, cutting $210 million and eliminating support for […]

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Has your organization signed the CDFI Fund Appropriations letter?

As you know, the CDFI Fund appropriations are in need of strong congressional support for both Fiscal Year (FY) 2017 and 2018. Reports on the Trump Administration’s “skinny budget” would “all, but eliminate” the CDFI Fund. While nothing is confirmed, the CDFI Coalition is working to demonstrate the importance of these programs to communities nationwide. With that in mind, we are asking organizations, businesses and […]

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2017 CDFI Institute Wrap-Up and Appropriations Update

Last week, the 23rd Community Development Financial Institutions (CDFI) Institute was held in our nation’s capital. The event, hosted by the CDFI Coalition, drew nearly 200 attendees, including community development stakeholders from around the nation. Congressman French Hill (R-AR), CDFI Fund Director Annie Donovan, Senior Treasury Department staff and panels of CDFI experts participated in the Institute. CDFI Fund Director Annie Donovan gave remarks at […]

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Success Stories

For over 20 years, CDFIs have been making financial services accessible to underserved communities and populations across the country. Among their many achievements, CDFIs have financed improved access to affordable housing, critical community facilities, and schools. They have financed small and growing businesses. Through their efforts, millions of dollars have been leveraged for investment in communities often left out of the economic mainstream, creating jobs and opportunities. Below are some of their stories.

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