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RGANIZATION CONTACT AND BACKGROUND INFORMATION Name of Organization: Address (Street, City, State, Zip): Contact Person: Title: Phone: Fax: Email: Stated Mission of Organization: Geographic Service Area: Organization Background: Legal Status (i.e. sole proprietorship, Partnership, corp, etc): Tax ID: Is your organization a certified Community Development Financial Institution (CDFI) with the US Treasury? (If yes, please provide a copy of the Treasury Certification Letter.) Nonprofit Is.

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CDFI Certification | Community Development...
An entity seeking certification as a Community Development Financial Institution (CDFI)...
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12 CFR § 1805.201 - Certification as a Community...
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ELIGIBILITY Is a legal entity at the time of Certification application; Has a primary mission of promoting community development; Is a financing entity; Primarily serves one or more target markets; Provides development services in conjunction with its financing activities;

In a July 2023 report by the CDFI Fund of the fiscal year of 2021, it is reported that the CDFI loan interest rates varied anywhere from 4% to 9%, depending on what kind of loan you were after.

A Community Development Entity (CDE) is a domestic corporation or partnership that is an intermediary vehicle for the provision of loans, investments, or financial counseling in low-income communities.

CDFIs are mission-driven financial institutions that create economic opportunity for individuals and small businesses, quality affordable housing, and essential community services in the United States.

CDFIs are specialized financial institutions that pro- vide financial products and services to populations and businesses located in underserved markets. These institutions have community development missions and a reputation for lending responsibly in low-income communities.

Types of CDFIs There are four CDFI structures: community development banks, credit unions, loan funds, and venture capital funds. Although they share a common vision of expanding economic opportunity for all, each has a different business model and legal structure.

An institution that has its deposits insured under the Federal Deposit Insurance Act with average total assets over the preceding three-year period below a defined threshold, as adjusted annually by the Federal Housing Finance Agency.

ELIGIBILITY Is a legal entity at the time of Certification application; Has a primary mission of promoting community development; Is a financing entity; Primarily serves one or more target markets; Provides development services in conjunction with its financing activities;

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232