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CDFI Fund Announces Guarantees of $355 Million Under CDFI Bond Guarantee Program

Friday, September 30, 2022 - 9:00AM

The Community Development Financial Institutions (CDFI) Fund today announced that the U.S. Department of Treasury will issue three guarantees on behalf of five CDFIs totaling $355 million under the fiscal year 2022 CDFI Bond Guarantee Program. Three issuers–Community Reinvestment Fund, InBank and Opportunity Finance Network–will issue the bonds. The CDFI Bond Guarantee Program provides CDFIs with substantial long-term, fixed-rate capital for use in distressed communities. There is a minimum of $100 million per bond issuance.

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