Report

Beyond Investment: How CDFIs Support Community and Economic Development in Low- and Moderate-Income Areas


Abstract: Community development financial institutions (CDFIs) support low- and moderate-income areas by providing not only investment, but also technical assistance, capacity building, financial coaching, and more. Drawing on transaction-level investment data and interviews with CDFI loan funds from across the Fourth Federal Reserve District, this report examines how these mission-driven organizations play a key role in community and economic development.

https://doi.org/10.26509/frbc-cd-20260414

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Community Development Publications

Publication Date: 2026-04-14