What is CDFI Coalition?
The CDFI Coalition serves as the unified, national voice for Community Development Financial Institutions (CDFI). Established in 1992, its core mission is to champion fair access to financial resources for underserved populations and communities throughout America. The organization was founded by nonprofit entities and activists addressing a persistent deficit in financing capital within distressed urban neighborhoods and impoverished rural areas. Its advocacy efforts are crucial for fostering economic development and financial inclusion in areas often overlooked by traditional financial institutions.
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?
The recent major strategic investment signals a period of intensified advocacy and potential expansion of the CDFI Coalition's reach and impact. This capital infusion is likely to bolster its efforts in influencing policy, expanding its network of CDFIs, and developing new initiatives to address systemic financial inequities. The organization's focus on underserved markets positions it for continued relevance and growth as the demand for inclusive financial solutions persists.
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