Community Revitalization Fund, Inc.

Hoffman Estates IL


Community Revitalization Fund, Inc. (CRF) will bring significant economic development to Hispanic/Latino communities, across the country, that suffer from higher poverty rates.

CDFI Awards for Community Revitalization Fund, Inc.


NMTC (2003) - $73,000,000

Specifically, CRF intends to utilize its NMTC allocation to originate debt investments in retail development projects, warehouse distribution projects, and nonprofit community organizations. Return on investment projections for these projects are such that, without the creative and innovative financing terms proposed by CRF, these projects would likely remain unfunded. The net result of the capital investments funded with NMTC proceeds is job creation, job retention, stable employment, and greater homeownership for the residents of the targeted Hispanic/Latino communities.



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