Community Development Financial Institutions (CDFIs) strengthen communities by providing financial services to populations and markets that otherwise lack them. There are four types of CDFIs: banks, credit unions, venture capital companies, and loan funds. All share a vision of expanded opportunity.
The New Hampshire Community Loan Fund, a nonprofit 501(c)(3) organization, was one of the first statewide loan funds in the United States. We are one of nearly 850 CDFIs certified by the Community Development Financial Institutions Fund of the U.S. Dept. of the Treasury, and the only one serving the entire state of New Hampshire.
Congress created the CDFI Fund in 1994 to provide capital to help certified CDFIs attract additional investments in housing, community facilities, jobs and essential services for people with low and moderate incomes.
The CDFI Assessment and Ratings System examines CDFIs’ impact and financial strength. Ratings take into account a CDFI’s performance in the past five years, its current financial position, and future risk factors. The Community Loan Fund has received a sterling AAA+2 rating.