Community Action Financial Institution (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 others 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 and is in the process of obtaining additional loan capital to provide to Community Action Agencies and other nonprofits for relending to small businesses and social enterprises in their communities. Please continue to check this webpage as we post profiles of CAFI’s successes!