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CDFIs emerge as key partners in improving community health

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cdfi-featuredAcross the country, new partnerships between community development finance and health organizations are being formed to create healthier communities. To spotlight one example from the Ninth Federal Reserve District: When Greater Minnesota Housing Fund, a community development financial institution, recently created a fund to attract socially inclined companies to invest in housing, Twin Cities-based health organization UnitedHealth Group, Inc., responded by making a $50 million investment.

Author: Ela Rausch, Federal Reserve Bank of MinneapolisCommunity Dividend, April 2014