Reinvestment Fund’s CDFI Bond Guarantee Program (BGP) provides long-term, fixed-rate capital to support projects that create jobs and increase access to critical services in underserved communities across the nation.
Projects We Support
To qualify for financing, projects must primarily serve persons earning 80% or less of the Area Median Income or be located in low- or moderate-income census tracts.
Projects that are eligible include those in the following sectors:
- rental housing
- commercial real estate
- k-12 education
- early childhood education
- health care
- nonprofit facilities
Loans must be for a minimum amount of $500,000 and a minimum term of 10 years.
Reinvestment Fund received a bond issuance for this program in partnership with Capital Impact Partners, IFF and Low Income Investment Fund.