About MN CDFIs

For decades, Community Development Financial Institutions (CDFIs) in Minnesota have been able to fill financing and opportunity gaps that the private sector deems too risky. CDFIs are mission-based lenders providing opportunities to small businesses and homeowners, primarily those who identify as Black, Indigenous, People of Color (BIPOC), immigrants, women, people with disabilities and live in rural communities, at far greater rates than the private sector. As community-based and community-centered organizations, CDFIs provide innovative ways to build wealth and provide solutions to some of our State’s most pressing challenges, such as homeownership disparities, lack of childcare options, healthcare inequities, and economic revitalization.