CDFIs finance community businesses, including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing.
To find an OFN Member CDFI in your state, use the search criteria below. You can also visit our Member Profile Directory to learn about their important work.
Invest Detroit Foundation (IDF) is a Community Development Financial Institution formed in 2010 to promote a higher quality of life for distressed communities in Detroit, MI, a city with unemployment estimated at 18.3% (June 2012) and 30% of its population below the poverty line. IDF loan programs support targeted development strategies to create density, jobs, support for businesses, and housing. Its experienced management team has operated IDF's affiliated loan programs since 1995. IDF provides real estate acquisition and construction loans from $500K to $2.5M, construction predevelopment loans from $50K to $200K, and loans to neighborhood retailers from $50K to $500K.
The mission of IRC’s Center for Economic Opportunity (CEO) is to promote upward economic mobility for low-income refugee and immigrant families by offering targeted loan products designed to fortify their financial resilience and fill gaps in available financial services.
JARI Growth Fund was founded in May 2016 and received CDFI certification in 2017. JGF provides loans to a seven county region in south-central Pennsylvania. JGF focuses on providing its borrowers with intensive technical assistance that is customized to each individual borrower. JGF serves a niche of small businesses and start up companies that are unable to receive conventional financing.
The Justine Petersen Housing and Reinvestment Corporation (JPHRC) was founded in 1997 to honor the
work of the late Justine Petersen, a leader in developing special mortgages for first-time homebuyers in
St. Louis. The organization's goal is to create enduring change in the community by helping low- and
moderate-income families and individuals to buy homes and build long-term financial strength. To that
end, JPHRC performs a wide range of services, including offering small business loans, originating and
brokering home loans, and providing financial education, saving programs, and consumer loans.
Kentucky Habitat for Humanity, Inc. (KyHFH), a certified CDFI and CDE, was founded in 1993. Our mission is to ensure production of very low income homes in underserved, at risk communities throughout Kentucky, by helping create and support 51 independent Habitat affiliates to finance and build these homes. In our 19 years, we helped establish and support 51 Habitat affiliates that have produced 1800 homes in Kentucky. KyHFH provides financial products, including a 1-2% low interest loan program and development services (organizational technical assistance, homeownership counseling, income qualifying, strategic planning, resource development, capacity building, advocacy, etc.) to these affiliates.
Since its founding in 1968, Kentucky Highlands Investment Corporation (KHIC) has been a leader in
the growing field of community development venture capital investing. Originally formed to serve a
nine-county region of Southeastern Kentucky, KHIC pioneered the new technique of creating
employment opportunities by identifying, developing, and providing equity capital to promising, local
entrepreneurs and entrepreneurs who would locate in Southeastern Kentucky. The organization also
offers a variety of business loan programs to complement its equity investments, and has expanded
its service area to include 22 counties.
La Fuerza Unida Community Development Corporation is dedicated to promote community development by providing economic growth opportunities to low-income, minority and women owned enterprises. La Fuerza Unida Community Development Corporation focuses on low-income minority neighborhoods where the barriers of language, culture and conventional lending have hindered the growth of small businesses. Through our programs of business education, development services as well as access to capital and ongoing support, we can increase the creation of stable and vibrant communities.
The Lakota Federal Credit Union’s mission is to provide quality financial services conveniently located at home on the Pine Ridge Reservation, in a helpful, professional and respectful manner and to provide effective tools for its members, the Oglala Lakota people, to save, plan, and provide for their futures. In January 2009, several community leaders started in pursuit of a dream to establish the Lakota Federal Credit Union to serve the people of the Pine Ridge Reservation. The proposed credit union would provide basic banking services to help the Oglala LakotaOyate (people) achieve their financial goals, and in turn help the local economy on the Pine Ridge Reservation to thrive. This was a huge undertaking, as the Pine Ridge Reservation had not had a financial institution of its own since the Oglala Sioux Tribe accepted the Indian Recognition Act in 1935.
Latino Community Credit Union (LCCU) is the first financial services institution in North Carolina aimed at the state's growing Latino population. LCCU's mission is to improve the financial condition of the Hispanic community through the delivery of affordable financial services and financial education programs specifically targeted to underserved Hispanic immigrants in North Carolina. LCCU was founded in 2000 in response to violence against Latino residents in North Carolina, LCCU now has more than 51,000 members.
