Number: RS20972 Title: Community Development Financial Institutions (CDFI) Fund Authors: Pauline Smale, Government and Finance Division Abstract: The Community Development Financial Institutions Fund was established by P.L. 103-325. The purpose of the Fund is to provide credit and investment capital to distressed urban and rural areas by investing in and supporting community based organizations. The Fund's programs also encourage banks and thrifts to expand their activities in distressed communities. Pages: 6 Date: December 10, 2001