The Community Development Financial Institutions Fund (CDFI Fund) was established within the U.S. Department of the Treasury in 1994 to promote community development in economically distressed communities.
The CDFI Fund supports and expands CDFIs through a range of programs designed to strengthen their ability to provide financial products and services.
Core programs include Financial Assistance (FA) awards, Technical Assistance (TA) awards, the Bank Enterprise Award (BEA) Program, the New Markets Tax Credit (NMTC) Program, the Capital Magnet Fund (CMF), the Bond Guarantee Program, and the Native American CDFI Assistance (NACA) Program.
These programs provide capital, capacity-building resources, and incentives that enable CDFIs to scale lending, attract private investment, and support community development nationwide.