In collaboration with Fifth Third Bank, Ascendus, and ECDI - Economic and Community Development Institute, we're excited to announce the launch of the Small Business Catalyst Fund! This new initiative will provide flexible grant and loan capital support to eligible small businesses located in select communities across the central and southeastern US.
Community Reinvestment Fund, USA
Financial Services
Minneapolis, MN 8,153 followers
Improving lives and strengthening communities through innovative financial solutions.
About us
Founded in 1988, Community Reinvestment Fund, USA (CRF) is a national non-profit organization with a mission improve lives and strengthen communities through innovative financial solutions. A leading Community Development Financial Institution (CDFI), CRF develops products and services aimed at increasing the flow of capital to historically underinvested communities across the country. CRF has injected more than $3 billion to help stimulate job creation and economic development, provide affordable housing, and support community facilities. For more information, visit www.crfusa.com. CRF is an SBA 7(a) Preferred Lender. For more information, visit www.crfusa.com. CRF is an equal opportunity lender, provider and employer. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and the California Finance Lenders Law
- Website
-
https://www.crfusa.com
External link for Community Reinvestment Fund, USA
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Minneapolis, MN
- Type
- Nonprofit
- Founded
- 1989
- Specialties
- Small Business Lending, Community Development, and Financial Services
Locations
-
Primary
801 Nicollet Mall
Suite 1700W
Minneapolis, MN 55402, US
Employees at Community Reinvestment Fund, USA
-
Kris Nyreen
Empathetic and passionate marketer with a desire to make a positive impact on the world.
-
Tasha Parker, MBA, ITIL
Servant Leader | Change Enthusiast | Operations and Program Management expert in innovative financial solutions. "Leading operation transformations…
-
Sandra Delancy
-
Jennifer Novak
Updates
-
Attention #NorthCarolina entrepreneurs! Appalachian Community Capital, with support from Dogwood Health Trust, just launched the Western North Carolina Small Business Initiative which is offering relief grants to eligible small businesses impacted by Hurricane Helene. Learn more about the program and apply today!
🌄 Announcing the Western North Carolina Small Business Initiative 🌄 Appalachian Community Capital is proud to introduce the Western North Carolina Small Business Initiative, backed by a $10 million lead grant from Dogwood Health Trust. This program will provide relief grants of up to $25,000 to very small businesses across the region affected by Hurricane Helene, offering essential support for recovery and resilience. Learn more about this impactful initiative and how it strengthens our commitment to local communities: https://lnkd.in/eEnhYHPr
-
We're looking forward to another day of insightful conversations and making meaningful connections at #OFN40! Today at 9 am PT, CRF's Patrick Davis will join several other panelists at a session titled 'Unlocking the Potential of Technology to Improve Business Support Services'. During the session, participants will discuss how #CDFIs can leverage tech tools to enhance their small business support services and drive sustainable impact. Hope to see you there! #MadeByHistory #MadeForThisMoment
-
Are you attending #OFN40? Join today's Intelligence Squared debate titled Movement vs Industry at 1pm PT! The interactive debate will feature perspectives from several #CDFI leaders including CRF President & CEO, Matthew Roth. During the session, we'll explore whether CDFIs should focus on staying true to our roots as part of a broader social movement, or prioritize formalizing structures, standards, and measures. Hope to see you there! #MadeForThisMoment
-
We’re excited to join our fellow #CDFI leaders and peers this week at #OFN40! Stop by our booth to say hi and check out a demo of our small business intelligence tool, CRF Insights! Thanks to Opportunity Finance Network for organizing this incredible event! #MadeByHistory #MadeForThisMoment
-
We're privileged to work with such dedicated partners in our efforts to increase access to small business capital and resources! Check out this Mastercard Strive article to read about a recent collaboration driving impact in communities across California.
A new kind of collaboration may change the landscape for #SmallBusiness lending in California. Through a first-of-its-kind partnership between Mastercard Strive USA grantees, Next Street and Community Reinvestment Fund, USA, the California Small Business Loan Match program is helping entrepreneurs — particularly those from underserved communities — connect with affordable, responsible lenders to grow their businesses. With this partnership, small business owners across the state are being matched with mission-driven #CDFIs, giving them access to capital they may not have received elsewhere. Since its launch in April 2024, the program has already facilitated over 2,600 matches between small businesses and lenders, creating a more inclusive path for small business growth. This unique collaboration highlights how finding new ways of working together can create meaningful impact for real people and businesses. Read more about how Next Street and CRF are helping transform the lending ecosystem for California’s small businesses here: https://bit.ly/3BGJ3WN #MastercardStrive #InclusiveGrowth #FinancialInclusion
-
We’re thrilled to share our participation in the CDFI Fund’s FY2024 Bond Guarantee Program! Of the record setting $498 million allocation, CRF will issue a total of $325 million in bonds amongst three organizations including, The Community Development Trust, Reinvestment Fund, and IFF (CDFI). Each of these CDFIs makes a tremendous impact in the communities where they work and we’re proud to support them through this important program. #CommunityDevelopment #CDFIBondProgram #CRFImpact
U.S. Department of the Treasury Guarantees $498 Million in Bond Funding for Projects in Low-Income Communities, Marking Largest Bond Issuance in Program History
home.treasury.gov
-
CRF is tremendously excited to share that we have received a $20 million grant from philanthropist, MacKenzie Scott! We are immensely grateful to MacKenzie Scott for this transformational gift and for her broader efforts to support organizations driving change in the communities where they work. This extraordinary grant empowers CRF to pursue our mission and lean into our central pillars of collaboration and innovation with even more vigor in our efforts to co-create and develop impactful solutions that strengthen small business ecosystems and support entrepreneurs, especially those with a history of being excluded by the financial mainstream.
CRF receives $20 million gift from Philanthropist MacKenzie Scott
https://crfusa.com
-
For Javier Vargas, working on cars is second nature. He grew up around auto repair shops and spent childhood summers with his father and uncles learning the ins and outs of the trade. Now, after more than 25 years in the industry, he proudly owns his own small business: ProColor Collision Escondido. Read Javier’s story: https://ow.ly/CPOo50TtFkz #HispanicHeritageMonth #HispanicOwnedBusiness #AutoRepair #SanDiego #Escondido
-
Nevada small businesses can access state-supported, fixed-rate loans to secure inventory, hire staff, pay for marketing expenses, and more. Work with local, nonprofit lenders to get up to $250,000 in working capital – then use it how you like to grow farther, faster, your way. Apply at NVmicroloans.org #Nevada #SmallBusiness #NVMicroloan #NevadaBusiness Nevada Governor's Office of Economic Development (GOED)
BATTLE BORN GROWTH MICROLOAN PROGRAM
nvmicroloans.org