CDFI Fund Releases Annual Report on Activities

Monday, April 1, 2019 - 11:00am

The Community Development Financial Institutions (CDFI) Fund today released the annual report on its activities. '18 A Year of Investment reports that the CDFI Fund provided roughly $3.5 billion in new markets tax credit allocations as well as $345 million in awards and loans and $150 million in bond guarantees. According to the report, CDFI program awardees reported more than $11 billion in lending and investment activity, financing nearly 16,000 businesses and more than 33,000 affordable housing units.