Community Development Financial Institutions Fund

<p>The Community Development Financial Institutions Fund (CDFI Fund) promotes economic revitalization in distressed communities throughout the <a href="/facts/United_States/P0sCdLe5">United States</a> by providing financial assistance and information to <a href="/facts/Community_development_financial_institution/s6vaFfs7">community development financial institutions</a> (CDFI). A <a href="/facts/State-owned_enterprises_of_the_United_States/ywsgIogE">government corporation</a> owned by the <a href="/facts/United_States_Department_of_the_Treasury/lDmua740">United States Department of the Treasury</a>, it was established through the Riegle Community Development and Regulatory Improvement Act of 1994. Financial institutions, which may include <a href="/facts/Bank/l7VsKwas">banks</a>, <a href="/facts/Credit_unions/Wk1eRyfr">credit unions</a>, loan funds, and community development venture capital funds, can apply to the CDFI Fund for formal certification as a CDFI. 
</p><p>In March 2025, <a href="/facts/Donald_Trump/pqqKY21P">President Trump</a> issued an <a href="/facts/Executive_order/JwJJXBar">executive order</a> that directed that the CDFI Fund be eliminated "to the maximum extent consistent with applicable law", along with several other agencies.
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Community Development Financial Institutions Fund open-in-new

Community Development Financial Institutions Fund