Role of CDFIs

Community Development Financial Institutions aim to bring investments and resources to communities. They offer small businesses access to the credit they need. But it’s not just about credit: CDFIs also provide business owners with training, technical assistance and mentoring.

We provide a tailored suite of solutions to meet the unique financial needs of our customers, including loans, investments, banking products and capital markets expertise. Our financing and expertise help CDFIs grow, achieve the scale needed to reduce costs for their borrowers and expand their reach.

Comprehensive financial services that support CDFIs

CDFI loans

We offer floating-rate revolving lines of credit and fixed-rate term loans to CDFIs and CDFI consortiums.

Capital markets

Navigate capital markets and find the right capital structure for your organization with our guidance.

Patient capital

Maximizing impact and strengthening communities takes time. Patient capital is a necessity. We provide this long-term capital to a variety of organizations and institutions.

Grants

We provide grants to CDFIs to fund operations, specific programs or projects, or training and direct technical assistance. Connect with us to learn more about funding availability and eligibility.

Private equity investments

We make investments into limited partnership funds managed by CDFIs using pooled capital for qualifying public welfare investments. These investments usually focus on housing or small business.

New Markets Tax Credits (NMTC)

NMTCs help both nonprofit and for-profit entities fund real estate construction and rehabilitation, equipment and capital. Rely on us to assess your organization’s level of readiness for participation in the NMTC program and build a track record that may lead to an NMTC allocation.

Full-suite solutions

CDFIs have distinct requirements and needs that our specialists can meet. These include solutions in areas such deposits, payments and cash management.

Referrals

We refer business customers that are not eligible for traditional credit products to CDFIs that may offer more flexible rates and credit terms. Reach out to us if your organization would like to be added to our repository of CDFI lenders.

Let’s make a difference together

Contact the U.S. Bancorp Impact Finance team to learn more about CDFI programs, community development lending, alternative funding and how we can work together.

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Disclosures

Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

Deposit products are offered by U.S. Bank National Association. Member FDIC. All credit products offered by U.S. Bank National Association are subject to normal credit approval and program guidelines. Eligibility requirements, other fees and conditions may apply. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice.

Financing maximums and terms are determined by borrower qualifications and use of funds. For deferred payments, interest accrues and is amortized over the remaining balance and term.