Social Investment Practice
Kresge Community Finance is a $30 million program-related investment (PRI) finance offering to certified Community Development Finance Institutions (CDFI) and quasi-public or private Development Finance Agencies (DFA) expanding opportunities for low-income people in America’s cities. The foundation will select applications through a competitive Request-for-Proposals (RFP). Successful nonprofit applicants also will receive an equity grant, equivalent to 5% of the amount of PRI financing disbursed. Information on how to apply can be found below. Download the full RFP for more information and to learn how to apply.