Community Development Pooled Funds:
These intermediaries invest in a large pool of community development institutions focused on microcredit, affordable housing, childcare, and other development projects in low-income areas. Pooled portfolios allow individuals and institutions to invest in small community lenders who may lack the resources to provide individual investment options.
* Calvert Foundation, Bethesda, MD, (800)248-0337, www.calvertfoundation.org
* National Community Capital Association, Philadelphia, PA, (215)923-4754, www.communitycapital.org
* National Federation of Community Development Credit Unions, New York, NY, (212)809-1850, www.natfed.org
* These institutions are certified Community Development Financial Institutions (CDFIs). Click here for more info.
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