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The Charter School Financing Partnership (CSFP) combines the strength and expertise of six of the country’s largest and most experienced community development financial institutions (CDFIs). In addition to the Housing Partnership Network, CSFP’s lending partners include:
NCB Capital Impact creates access to capital and expert technical assistance otherwise unavailable to low- and moderate-income communities. Combining both financial and development services, NCB Capital Impact sparks systemic change, delivering affordable facilities to communities including housing, health care, assisted living, education and economic development ventures. To date, it has originated nearly $400 million to charter schools across the United States.
The Low Income Investment Fund (LIIF) acts as a steward for capital invested in housing, child care, education and other community-building initiatives. LIIF creates a bridge between private capital markets and low-income neighborhoods, providing $825 million in financing and technical assistance and leveraging $5.2 billion of additional investments. LIIF has provided more than $200 million of capital for high-performing charter schools in low-income neighborhoods.
The Reinvestment Fund (TRF) manages more than $680 million in capital from more than 800 investors. It uses its resources to finance homes, schools, food access and other commercial real estate. Since its inception in 1985, TRF has made almost $1 billion in loans and investments across its business lines, including more than $181 million in charter school loans to 63 different schools.
Raza Development Fund (RDF) was established in 1998 as the community development lending arm of the National Council of La Raza (NCLR). Since then, RDF has become the largest Latino CDFI in the United States, providing more than $100 million in loans and technical assistance to over 100 organizations that serve Latino and other low-income communities nationwide.
Community Reinvestment Fund, USA (CRF) is a national leader in bringing private capital to community development lenders. Since its inception in 1988, CRF has funded more than $1.1 billion in loans from 156 community development lenders nationwide. These lending partners have used the funds to make loans and investments in low-income communities in 46 states to stimulate job creation, provide affordable housing and construct community and educational facilities.