CDFI Friendly Bloomington is a nonprofit organization with a mission to increase flexible and affordable financing for businesses, nonprofits, affordable housing, and community projects in Bloomington, IN, Monroe County, and the surrounding counties.

In response to a growing need for local financing beyond what local banks could provide, a group of Bloomington entities established CDFI Friendly Bloomington in 2019 to increase access to flexible, affordable loans in Bloomington and the greater Indiana Uplands for projects and businesses that banks and other conventional financial institutions cannot finance. We help bring in CDFIs that do not regularly work in our region to help meet these financing needs.

Housing Development

Supporting affordable housing through flexible funding.

Supporting child care facilities through community-focused funding.

More than $29 million from CDFI’s has been invested in our region. 

Over 400 housing units have been created or retained through various projects.

We have spent close to 300 hours providing technical assistance to our clients.

We provide support for eligible projects across these Indiana counties.

Not sure if your project qualifies? We’re happy to connect with you. Reach out to us through the button below.

Ryan Still, Summit Hill Community Development Corporation

We can now finish our early learning center, knowing there won’t be a gap in funding. It is difficult to find a lender who works with smaller loans, and it was great to work with a mission-driven organization that has your capabilities.

Zack Waggoner, Rethinking Tomorrow

CDFI Friendly Bloomington gave me clarity and confidence to move forward with projects that expand attainable housing in rural communities. I now understand how to structure projects around impact, leverage partnerships, and pursue funding opportunities that would have felt out of reach before.

Keith Broadnax, Cinnaire

CDFI Friendly Bloomington has helped provide Cinnaire with project opportunities and new relationships that would not have happened without them. If you want a true partner that will help you accomplish your goals, then you should have a relationship with CDFI Friendly Bloomington.

Nate Ferreira, Bloomington Housing Authority

CDFI Friendly Bloomington is exactly the kind of partner an incremental developer needs not just for financing, but also for overcoming the many obstacles that developers face from envisioning a project to ribbon-cutting. They are very responsive, supportive and knowledgeable.