Community Reinvestment Fund, USA (CRF) is a national nonprofit organization based in Minneapolis, Minn. that has brought capital to community development lenders in low- to moderate-income communities since 1988. Since inception, CRF has channeled financing to create more than 19,000 units of affordable housing serving nearly 40,000 people.
CRF fills a gap in community development funding by bringing a larger amount of capital to the communities that need it most. This has a powerful impact, creating a huge ripple effect and improving more lives of disadvantaged people in distressed neighborhoods all across the country.
Cinnaire is a full-service community development financial partner that supports community stabilization and economic development by developing and nurturing partnerships with investors and mission-focused organizations.
Over twenty-two years of operations:
Over $3.5 billion in community impact
Over 300 community development loans extended totaling more than $350 million
Over 650 housing developments under asset management (over 39,000 units)
58 housing tax credit equity funds under management
25 NMTC developments under asset management totaling $1.5B in development costs