Learn More about CDFI's and Small Business Resources in Oregon see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Albina Community Bancorp
Albina Equity Fund, I LLC
Ecotrust CDE, LLC
Hacienda Community Credit Union
Historic Rehabilitation Fund I
Innovative Housing, Inc.
Mercy Enterprise Corporation
National Community Fund I, LLC
Portland Housing Center
Portland New Markets Fund I, LLC
Warm Springs Community Action Team
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.