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Community Development Financial Institutions
Fannie Mae's Community Development Financial Institutions (CDFI) Initiative helps build strong communities by providing investment capital—equity, debt and equity equivalent investments, and deposits—to community-based financial institutions and intermediaries that directly support affordable housing development.
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Through the Initiative Fannie Mae will also advance its efforts in working with housing industry leaders to: -
research and develop innovative secondary market structures, and
- streamline and standardize the underwriting and asset management procedures to lower transaction costs, increase the availability of investment capital, and reduce transaction-processing time.
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If you are interested in more information about the CDFI Initiative -- or if you are a professional in the mortgage or housing fields interested in conducting business with Fannie Mae -- please visit our business-to-business Web site, www.eFannieMae.com.
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Last Revised: March 19, 2008
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