Contribute

​And Earn CRA Credit:

The Memphis CDFI Network offers small business, mortgage and consumer loan programs that meet your CRA compliance needs. Partner with us and you will help the Memphis community, build your local relationships, and meet your CRA needs. Whether it's loans, investments or grant contributions, we are here to help Memphians meet their economic self-sufficiency goals. 

In the state of TN you may be eligible for a Community Investment Tax Credit against your franchise and excise taxes when investing in a CDFI. Apply and reach out to an eligible CDFI Network member.

Like permanent capital, EQ2 enhances a CDFI’s lending flexibility and increases its debt capacity by protect- ing senior lenders from losses. Unlike permanent capital, the investment must eventually be repaid and requires in- terest payments during its term, al- though at a rate that is often well be- low market. The equity equivalent is very attractive because of its equity- like character, but it does not replace true equity or permanent capital as a source of financial strength and independence. 

Further reading: CDFI Fund