What is CDFI Coalition?
The CDFI Coalition serves as the unified, national voice for Community Development Financial Institutions (CDFIs). Established in 1992, its core mission is to champion fair access to financial resources for underserved populations and communities throughout the United States. The organization was founded by a collective of nonprofit entities and activists who recognized the persistent deficit in financing capital available for distressed urban neighborhoods and impoverished rural areas. By advocating for policy changes and fostering collaboration among CDFIs, the Coalition aims to bridge this financial gap and promote economic development.
How much funding has CDFI Coalition raised?
CDFI Coalition has raised a total of $195M across 1 funding round:
Other Financing Round
$195M
Other Financing Round (2014): $195M, investors not publicly disclosed
What's next for CDFI Coalition?
With a substantial enterprise-level funding context and a recent major strategic investment, the CDFI Coalition is poised to amplify its advocacy efforts. This financial backing will likely enable the organization to expand its reach, influence policy discussions at a national level, and provide enhanced support to its member CDFIs. The strategic nature of the recent investment suggests a focus on strengthening the Coalition's operational capacity and its ability to drive systemic change in financial inclusion, potentially leading to broader access to capital for marginalized communities.
See full CDFI Coalition company page