Mission: To empower people to improve their lives and strengthen their communities through innovative financial solutions.
Programs: Lending - as a nonprofit, mission driven organization, community reinvestment fund (cfr) provides otherwise unavailable loan capital to communities, small businesses, entrepreneurs, nonprofit organizations and housing organizations. During 2017, crf provided financing totaling $77 million in 19 states. The loans provided by crf resulting in the creation or retention of more than 2,525 jobs.
loan servicing - crf is an active fannie mae servicer and is rated by standard and poor's as an experienced, mission-driven organization. Crf specializes in customized projects for non-traditional portfolios and organizations. During 2017, crf provided contract loan servicing for 51 community development lenders of a volume of approximately 5,990 loans amounting to $289 million. Additionally, we serviced 82 affordable housing loans for $101 million.