When subsidy becomes scarce: Rethinking community development finance

Research output: Chapter in Book/Report/Conference proceedingChapter


This chapter focuses on two types of community development financial institutions (CDFIs): community development loan funds (CDLF) and community development venture capital (CDVC) funds, which provide debt and equity capital for transactions that conventional capital sources consider too risky. CDLFs and CDVCs primarily fund organizations, including businesses, housing and real estate developers, and nonprofit community groups, with the objective of furthering economic development of distressed communities by creating high-quality jobs and infrastructure.

Original languageEnglish (US)
Title of host publicationReengineering Community Development for the 21st Century
PublisherTaylor and Francis
Number of pages13
ISBN (Electronic)9781317461272
ISBN (Print)9780765622907
StatePublished - Jan 1 2015

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • General Business, Management and Accounting
  • General Social Sciences


Dive into the research topics of 'When subsidy becomes scarce: Rethinking community development finance'. Together they form a unique fingerprint.

Cite this