The Idaho-Nevada CDFI is a Treasury designated Community Development Financial Institution and a Community Development Entity. We are a non-profit 501 (c) 3 organization with a board of directors drawn from the banking and community development industry. Visit the Board of Directors & Staff page for a listing of our board, staff and full contact information. We also own a for-profit corporation, Idaho-Nevada Finance, LLC. which is a Treasury designated Community Development Entity.
The CDFI focuses its lending and services in those areas of Idaho and Nevada designated by the U.S. Department of Treasury as CDFI eligible. However, on a case-by-case basis we will consider projects in other intermountain west states which have distinct community development impact.
Over 95% of the CDFI's capital comes from Equity Equivalent investments provided by banks serving the intermountain west. Total loan fund capital is over $25 million. Please visit the investor page in our website to learn more about the banks and other organizations which provide us capital.
The CDFI has financed affordable housing and small business ventures throughout Idaho and Nevada. For the CDFI, an "affordable" housing project must be one that provides housing affordable by people making 80% of countywide median income or less. This is the minimum standard, most of the rental housing projects we finance are targeted for people making 60% and in some cases 40% of county median income.
Please contact us for more information.
