Community Reinvestment Fund Inc
City-funded organization
Community Reinvestment Fund Inc holds $44.2 million in active NYC contracts (2) with the Department of Small Business Services. Its EIN (41-1616861) and Minneapolis, Minnesota registration on ProPublica's Nonprofit Explorer match Community Reinvestment Fund, USA (CRF), a national nonprofit CDFI founded in 1988 and headquartered in Minneapolis, per CRF's own site. Its two SBS contracts are titled "Loan Adminsistrator" ($35.6 million, awarded via an Emergency procurement) and "to provide capital to underserved small business owners" ($8.6 million, awarded via a Negotiated contract). It has been awarded $44.2 million in city contract value since 2022, with 100% of contract value awarded without a fresh competitive bid.
- Industry (per city contracts)
- Human Services
- City contracts (active)
- $44,216,716 · 2 contracts
- Awarded all-time
- $44,216,716 · 2 since 2022, incl. expired
- Paid to date
- $32,992,749
- Won without a fresh bid
- 100% of contract value · $44,216,716 · 2 contracts
Holds contracts at
- Department of Small Business Services City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- Loan Adminsistrator Department of Small Business Services · CT180120238803578 $35,619,716
- to provide capital to underserved small business owners Department of Small Business Services · CT180120268803123 $8,597,000