Sign Up For Novogradac Industry Alert Emails

CDFI Fund Guarantees $150 Million under CDFI Bond Program

Tuesday, September 18, 2018 - 11:00AM

The Community Development Financial Institutions (CDFI) Fund today announced the issuance of a $150 million guarantee under the CDFI Bond Guarantee Program to the Community Reinvestment Fund, USA, on behalf of Clearinghouse Community Development Financial Institution. The CDFI Bond Guarantee program provides low-cost capital to spur economic growth and jumpstart community revitalization, through qualified issuers who apply to the CDFI Fund for authorization to issue guaranteed bonds worth a minimum of $100 million. More than $1.5 billion has been guaranteed since the inception of the program.

Learn more about Novogradac's expertise and many services