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Community Development Financial Institutions (CDFIs): Overview and Selected Issues (CRS Report for Congress)

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Release Date Revised Sept. 29, 2023
Report Number R47217
Report Type Report
Authors Darryl E. Getter
Source Agency Congressional Research Service
Older Revisions
  • Premium   Aug. 16, 2022 (34 pages, $24.95) add
Summary:

This report begins with an overview of the CDFI industry. It then explains the target markets served by CDFIs as well as the higher costs associated with serving these niche segments. Next, challenges related to evaluating the performance and effectiveness of CDFIs are discussed. The CDFIs’ public and private funding sources are summarized. Finally, the report provides considerations for Congress.