Certified CDFI

What it means to be a CDFI

Community Development Financial Institutions – or CDFIs – are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities.

  • CDFIs invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.
  • CDFIs are certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – known as the CDFI Fund. In order to become a certified CDFI, the financial institution must: have a primary mission of promoting community development; provide financial products and services; serve one or more defined low-income target markets; maintain accountability to the community it serves; and be a legal non-governmental entity.
  • All CDFIs share a common mission of serving low-income communities. CDFIs are commonly loan funds, credit unions, community banks, or venture capital funds.
  • Certified CDFIs are part of a national network promoting economic growth in America’s underserved communities by financing businesses, creating jobs, and rebuilding neighborhoods.
  • As a CDFI, MBF puts the community first and values local, economic growth.
Friday, April 27th, 2018 at 12:01am
Congratulations to @CreamParlor for becoming MBF's newest loan recipient 🏦💰 Check out their cafe to make your sweet creams come true 🍦 https://t.co/fXFinpo1ue
Thursday, April 26th, 2018 at 12:00am
MBF #smallbiztips: You've only got 15 seconds to make a first impression, and that's why your elevator pitch needs to be even shorter than it already is. Here are five tips for writing the perfect 15-second elevator pitch via Business Know-How
https://t.co/34auPZvr6J https://t.co/7QyHRwvxFC
Wednesday, April 25th, 2018 at 12:22am
MBF has partnered with @MiChiMu to support its summer internship program. MBF's support will provide a paid internship for five minority youth from the City of Miami. Interns will be paid for 240 hours of service, over 10 weeks.
Tuesday, April 24th, 2018 at 12:00am
MBF #smallbiztips: "I never dreamed about success, I worked for it." - Estee Lauder 💼 Learn how to succeed with our free Small Business Training! Learn business essentials including accounting, marketing, IT, HR, and more! Apply today! #MondayMotivation https://t.co/NyxivCkjsn
Saturday, April 21st, 2018 at 10:27am
A day in the life at Med Aesthetics Miami... come to our event on Tuesday (but pls RSVP) and enjoy promotions for you and your friend... call us at 305-356-7402.
#skincare #bodycontouring #cellulite treatments #painlesshairremoval #skintightening #stretchmarks #fatreduction

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By contributing to MBF you have an opportunity to impact job creation, encourage economic development and improve the future of the City of Miami.