Community Development Financial Institutions (CDFI)
Definition
A coalition of financial institutions certified by the U.S Treasury Department to provide credit and community development assistance to economically challenged communities in the U.S. CDFIs, which number over 1000 as of December 2010, are modeled after the Community Development Corporations (CDC) that were launched under the 1960's "War on Poverty".
Related Articles
- Buying and Selling Bonds *
- Overview of Online Banking and Related Issues *
- What Is a Capital Gain and What Does It Mean For My Taxes? *
- Understanding Stock Dividends *
- Types of Reports and Statements Typically Filed *
- The Economy and the Role of the Government *
- Consider Taxes When Picking Mutual Funds *
- ETFs Ease Tax Headaches *
Related Videos
http://www.businessdictionary.com/definition/Community-Development-Financial-Institutions-CDFI.html
