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Tuesday, September 2, 2014

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Cascade: No. 83, Fall 2013

Mapping Our Community — Third Federal Reserve District

CDFI Locations

As of April 2013, there were 35 community development financial institutions (CDFIs) headquartered in the Third Federal Reserve District and certified by the U.S. Department of the Treasury’s CDFI Fund.* As indicated on the map below, most (27) are in Pennsylvania and, like the District’s population, are concentrated in Philadelphia and its neighboring counties. These 35 CDFIs, as well as many others located in the surrounding area** and some that operate nationally, help finance small and large businesses, housing and commercial development, and other community assets throughout the Third District.

Philadelphia Area CDFIs
  • * The CDFI Fund is undergoing a national recertification process that could change the certification status of the CDFIs in the District and elsewhere.
  • ** New Jersey Community Capital is an example of a CDFI that has its headquarters outside the Third District but is active within the District.
  • Source: CDFI Fund, U.S. Department of the Treasury; U.S. Census Bureau; ESRI, derived from Tele Atlas
  • Note: The views expressed here do not necessarily represent the views of the Federal Reserve Bank of Philadelphia or the Federal Reserve System.