What is CAFI
The Community Action Financial Institute (CAFI) is an affiliate of the Community Action Partnership, and was created to: provide financing solutions to CAAs, their affiliates, and state CAA associations that build affordable housing, create jobs and wealth—in particular, for low-income and low-wealth families—and to provide assistance to organizations that build on the community’s assets.
The target audience for CAFI is CAAs and their affiliates that are interested in business lending, operating social enterprises and other economic development projects.
CAFI’s Work and Notable Projects
CAFI has loaned out the initial $450,000 that it raised. The initial funds were loaned to Fresno CDFI, an affiliate of Fresno EOC, and these dollars will be loaned out to small businesses in the Central Valley of California. Please continue to check this webpage for more information.
To learn more about how your Agency can become involved with CAFI, please email Kevin Kelly and sign up for the CED/CAFI e-newsletter here!