Community Reinvestment Fund, USA (CRF)
Last updated 8 July 2020, by Impactyield.
Community Reinvestment Fund, USA (CRF) helps change the lives of people living in economically distressed communities across the US. Formed in 1988, CRF has funded more than $1.3 billion in community development loans in 46 states and the District of Columbia. CRF loans have directly assisted more than 531,000 people through jobs, affordable housing or services at local community facilities.
CRF is certified by the US Treasury as a Community Development Financial Institution (CDFI) and a Community Development Entity (CDE). It is also licensed by the Small Business Administration (SBA) for SBA 7(a) loans.
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 not affiliated with any governmental agency.
Incorporation year: 1988
Headquarters location: United States of America
Currency for fund / product figures: USD (US Dollar)
Total firm assets under management: n.a.
Membership and other professional affiliations:
Years top investment professionals have worked together: 7