Journal Article

The Reinvestment Fund at 30: Insights and New Directions

Abstract: Thirty years ago, a small group of community developers, activists, and business people formed a community loan fund in Philadelphia called the Delaware Valley Community Reinvestment Fund. In 1999, the organization was renamed The Reinvestment Fund (TRF). TRF is certified as a community development financial institution (CDFI) by the U.S. Department of the Treasury?s CDFI Fund. Since 1985, TRF has made $1.5 billion in loans and investments and has financed housing, community facilities, supermarkets, commercial real estate, and energy-efficiency projects. The CDFI has been a leader in analyzing data and markets and in participating in regional and national policy discussions. To mark the organization?s 30th anniversary, Cascade asked TRF to share insights from its experiences, explain the new directions in which the organization is headed, discuss best practices in impact measurement, and comment on the equity implications of its work.

Keywords: community development; housing; poverty; CDFI;

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Cascade

Publication Date: 2015-10

Volume: 4

Order Number: 89