CDFI Community Development Fund Inc
HPP CARES Community Development Fund Inc. ( CDFI) is a community development loan fund established as an independent affiliate of HPP CARES. The CDFI is a community development financial institution that measures the success of its investments by financial return and positive social impact to the communities served. The CDFI helps small businesses and emerging entrepreneurs grow and thrive by lending to historically underrepresented business owners and by pairing our loans wth experts consulting services and technical assistance. The CDFI also invest in community development initiatives.
American's and demographic shifts offer HPP CARES CDFI a profound opportunity to ensure that financial institutions are adequately serving the credit needs of the diverse immigrants that come to the country to seek safety , prosperityeconmic opportunity for themselves and their families. The CDFI is set to lend low-cost loans to immigrants seeking naturalizationn who are in need of financing to cover the costs of legal fees required to attain legal status.
Small Business Lending
The CDFI works closely with the Business Development Division to provide credit opportunities to small business clients. Our entrepreneurs support combine loans with expert consulting services and technical assistance and prepare businesses to apply for micro lending, loans specifically designed to support the new and emerging entrepreneurs mentored and counseled by our business centers.