Community Development Financial Institutions Fund
The CDFI Fund is a federal program administrator within the U.S. Department of the Treasury that distributes grants, loans, and tax credits to community development financial institutions and other mission-driven lenders serving low-income and distressed communities, and operates certification, awards management, and compliance reporting platforms.
- Company typePublic
- Founded1994
- HeadquartersWashington, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Community Development Financial Institutions Fund does
The Community Development Financial Institutions Fund (CDFI Fund) is a federal program administrator within the U.S. Department of the Treasury that channels public capital to underserved communities through a portfolio of grant, loan, tax credit, and technical assistance programs. It administers the New Markets Tax Credit (NMTC) Program, the CDFI Program (Financial Assistance and Technical Assistance), the Bank Enterprise Award (BEA) Program, the Capital Magnet Fund (CMF), the CDFI Rapid Response Program (CDFI ERP), and the CDFI Certification program, collectively distributing over $80 billion in cumulative financing to Community Development Financial Institutions (CDFIs), Community Development Entities (CDEs), and mission-driven depository institutions serving low-income and economically distressed communities. The CDFI Fund maintains a dedicated technology stack centered on the Awards Management Information System (AMIS), the Community Investment Impact System (CIMS), the Transaction Level Report (TLR) submission interface, and the Awards Compliance Report (ACR), which together handle application intake, award tracking, transaction-level reporting, and compliance monitoring across thousands of award recipients. Its business model is not commercial: funding derives from federal appropriations and the allocation of tax credit authority rather than fees or sales, and recipients (CDFIs, banks, credit unions, loan funds, venture funds, and trade associations) compete for awards through periodic Notice of Funding Availability (NOFA) rounds and Allocation Application cycles.
Community Development Financial Institutions Fund firmographics
Firmographics- Name
- Community Development Financial Institutions Fund
- Legal name
- Community Development Financial Institutions Fund
- Website
- https://www.cdfifund.gov/
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The CDFI Fund is a federal program administrator within the U.S. Department of the Treasury that distributes grants, loans, and tax credits to community development financial institutions and other mission-driven lenders serving low-income and distressed communities, and operates certification, awards management, and compliance reporting platforms.
- Ownership category
- akta.pro rank
Community Development Financial Institutions Fund industry classification
Industry- Product category
- Community Development Finance
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- National/Regional Development Finance Institutions (DFIs) (FSABAKAB)
- akta.pro secondary industries
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Public Charities & Grantmaking Intermediaries (BPAGAKAE), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB), National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)
Keywords
Where Community Development Financial Institutions Fund is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Community Development Financial Institutions Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Federal Appropriation Disbursement: The CDFI Fund receives annual appropriations from Congress and distributes funds through various grant and award programs including Financial Assistance, Technical Assistance, BEA Program awards, Capital Magnet Fund grants, and NMTC allocations.
- New Markets Tax Credit Administration: The CDFI Fund administers the NMTC Program which provides tax credits to investors who make qualified equity investments in Community Development Entities (CDEs). The credit totals 39% of the investment over seven years (5% for first 3 years, 6% for remaining 4 years).
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Community Development Financial Institutions Fund product offering
Product offeringCore offering
The Community Development Financial Institutions Fund (CDFI Fund) is a federal government program administrator within the U.S. Department of the Treasury that generates economic growth and opportunity in distressed communities. It administers Financial Assistance and Technical Assistance awards, New Markets Tax Credit allocations, Bond Guarantees, Capital Magnet Fund grants, and Bank Enterprise Awards to certified Community Development Financial Institutions (CDFIs), Community Development Entities (CDEs), and FDIC-insured banks serving low-income and underserved communities across the United States.
Product overview
The Community Development Financial Institutions Fund is a federal government program administrator within the U.S. Department of the Treasury that manages a portfolio of grant, loan, and tax credit programs designed to generate economic growth and opportunity in distressed communities. The organization offers multiple distinct programs including the CDFI Program, New Markets Tax Credit Program, Bank Enterprise Award Program, Capital Magnet Fund, CDFI Bond Guarantee Program, and several recovery-focused initiatives. These programs are supported by an ecosystem of internal platforms including the Awards Management Information System (AMIS) for applications and reporting, the CIMS Mapping Tool for geographic analysis, and certification services for CDFIs and CDEs. All certified institutions must submit annual compliance reports through the ACR and TLR systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank Enterprise Award (BEA) Program Provides monetary awards to FDIC-insured depository institutions for increasing investments directed towards Certified CDFIs or for increasing lending, investing, and service operations in severely distressed communities where at least 30% of the population lives below the national poverty level.
- Capital Magnet Fund (CMF) Program
Quantifiable outcome
- $8 of private investment leveraged for every $1 of NMTC allocation
- +2 more outcomes
Companies that use Community Development Financial Institutions Fund
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Community Development Financial Institutions Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Community Development Financial Institutions Fund partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered minor and core.
- Alliance of African American CDFI CEOsminorCDFI trade organization providing networking and support for African American-led CDFIs.
- Association for Enterprise OpportunityminorTrade organization supporting microenterprise development and CDFIs focused on microfinance.
- Coalition of Community Development Financial InstitutionsminorMajor trade organization representing the broader CDFI industry.
- Community Development Venture Capital AllianceminorTrade organization for CDFIs using venture capital approaches in community development.
- Council of Development Finance AgenciesminorProfessional organization for development finance agencies and CDFIs.
- InclusivminorTrade organization for credit unions focused on community development and serving low-income members.
- National Association for Latino Community Asset BuildersminorTrade organization supporting Latino-led CDFIs and community development organizations.
- National Bankers AssociationminorTrade organization representing minority depository institutions and banks serving underserved communities.
- National Disability Finance CoalitionminorCoalition focused on financial inclusion and services for people with disabilities.
- Native CDFI NetworkminorTrade organization representing CDFIs serving Native American and tribal communities.
- New Markets Tax Credit CoalitionminorCoalition advocating for and supporting organizations participating in the NMTC Program.
- Opportunity Finance NetworkminorTrade organization representing CDFI loan funds and community development finance institutions.
- U.S. Department of Housing and Urban Development (HUD)coreFederal partner agency collaborating on housing and community development initiatives. CDFI Fund programs complement HUD programs for affordable housing development.
- Federal Deposit Insurance Corporation (FDIC)coreFederal regulator of banks that partners with CDFI Fund on BEA Program and initiatives supporting minority depository institutions and community development lending.
- Small Business Administration (SBA)coreFederal agency collaborating on small business financing initiatives and programs that complement CDFI Fund's work supporting small businesses in underserved communities.
- National Credit Union Administration (NCUA)coreFederal regulator of credit unions that works with CDFI Fund on certification of credit union CDFIs and community development programs.
- Congress.GovminorOfficial portal for legislative information providing access to laws and regulations governing CDFI Fund programs.
- Office of Management and Budget (OMB)coreFederal budget office that reviews and approves CDFI Fund information collections and regulatory actions under the Paperwork Reduction Act.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Community Development Financial Institutions Fund competitors and assessment
Company assessmentBroad incumbents
- U.S. Department of Housing and Urban Development (HUD): Federal partner agency collaborating with the CDFI Fund on affordable housing. HUD administers Community Development Block Grants and housing finance programs serving similar low-income geographies and the same distressed populations the CDFI Fund targets.
- Federal Deposit Insurance Corporation (FDIC): Federal banking regulator and CDFI Fund strategic partner. Shares an explicit mandate around community development banking, minority depository institutions, and distressed-area lending, and jointly runs aspects of the BEA Program.
- Federal Home Loan Banks: Government-sponsored enterprises that channel liquidity to member banks for housing and community development lending — comparable institutional structure as a federally backed financing mechanism that blends public mandate with private-sector execution, parallel to how CDFIs administer CDFI Fund capital.
- U.S. Small Business Administration: Federal agency administering loan, grant, and certification programs (e.g., 7(a), 504, Community Advantage) for small businesses, including those in underserved markets — closely parallels CDFI Fund's role channeling government and private capital to community-level borrowers via partner institutions.
Direct peers
- USDA Rural Development: Federal agency administering grants, loans, and loan guarantees to rural communities, businesses, and CDFIs — the most direct analog as another federal development finance institution deploying subsidies to expand capital access in geographies the CDFI Fund is increasingly prioritizing.
- Opportunity Finance Network: National CDFI trade association representing 400+ member CDFIs that are direct recipients of CDFI Fund awards. Operates adjacent to the CDFI Fund by providing capacity-building, policy advocacy, and convening that complements the federal fund's programmatic role.
- Export-Import Bank of the United States: Independent federal agency providing loan guarantees, direct loans, and insurance to support U.S. exports — another federally chartered development finance institution using government-backed credit tools to catalyze private-sector capital deployment, similar in statutory structure to the CDFI Fund.
- U.S. International Development Finance Corporation (DFC): U.S. government's primary development finance institution operating internationally with similar toolkit of loans, guarantees, political risk insurance, and technical assistance — comparable institutional design and mission to deploy capital into markets underserved by private finance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Community Development Financial Institutions Fund social profiles
Digital presenceCommunity Development Financial Institutions Fund compliance and trust
Trust signalCompliance1 record
Community Development Financial Institutions Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Community Development Financial Institutions Fund leadership team
Management profileNumber of profiles
Profiles2 records
Community Development Financial Institutions Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Community Development Financial Institutions Fund M&A and investment
M&A and investmentM&A
Investments663 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Community Development Financial Institutions Fund
What does Community Development Financial Institutions Fund do?
The Community Development Financial Institutions Fund (CDFI Fund) is a federal government program administrator within the U.S. Department of the Treasury that generates economic growth and opportunity in distressed communities. It administers Financial Assistance and Technical Assistance awards, New Markets Tax Credit allocations, Bond Guarantees, Capital Magnet Fund grants, and Bank Enterprise Awards to certified Community Development Financial Institutions (CDFIs), Community Development Entities (CDEs), and FDIC-insured banks serving low-income and underserved communities across the United States.
Is Community Development Financial Institutions Fund a public or private company?
Community Development Financial Institutions Fund is a public company. It is classified as state government owned and is currently operating.
When was Community Development Financial Institutions Fund founded?
Community Development Financial Institutions Fund was founded in 1994. It employs 51 to 100 people.
Where is Community Development Financial Institutions Fund based?
Community Development Financial Institutions Fund is headquartered in Washington, United States, in the North America region.
How does Community Development Financial Institutions Fund make money?
Two revenue lines are on record. Federal Appropriation Disbursement is the primary driver. The others are new Markets Tax Credit Administration.
Who are Community Development Financial Institutions Fund's main competitors?
Broad incumbents on record are U.S. Department of Housing and Urban Development (HUD), Federal Deposit Insurance Corporation (FDIC), Federal Home Loan Banks and U.S. Small Business Administration. Direct peers are USDA Rural Development, Opportunity Finance Network, Export-Import Bank of the United States and U.S. International Development Finance Corporation (DFC).
Does Community Development Financial Institutions Fund have an API?
No public API is recorded for Community Development Financial Institutions Fund.
What industry is Community Development Financial Institutions Fund in?
Community Development Financial Institutions Fund's product category is Community Development Finance. Its primary akta.pro industry code is FSABAKAB, National/Regional Development Finance Institutions (DFIs), with a secondary code of BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance). Its NAICS code is 813211 and its SIC code is 6111.