3c hapter - Index of

94 Locavesting
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Many CDFIs do not actively promote their loan funds to individuals,
so they can be hard to fi nd.
The Bottom Line: A good place to park savings or retirement funds
that you might otherwise put in a CD.
For More Information:
• The Opportunity Finance Network has a CDFI locator on its web
site, www.opportunityfi nance.net, where you can search for CDFIs
in your state. Look for a community development loan fund, which
is the most suitable investment for nonaccredited individuals. The
search engine lets you refi ne your search and presents profi les and
contact information as well as CARS that was ratings. CARS, shorthand
for the CDFI Assessment and Ratings System, is a comprehensive
assessment of the fi nancial strength and impact of CDFIs
that was created by the Calvert Foundation.
• For helpful information on community investing and how to get
started, the Community Investment Center, a joint effort of the
Social Investment Forum and Green America, is a good source.
You can search for community development options in your area
and calculate the social impact your investment can bring, at www
.communityinvest.org.
• The CDFI Coalition, an industry group, also has a search tool, at
www.cdfi .org.
•
Information on Calvert Foundation Community Investment Notes
can be found at www.calvertfoundation.org/invest/ how- to-invest/
community- investment-note. If you don’t have a broker, you can
contact the foundation’s sales desk directly at 800-248-0337, or
open an account with Microplace.com.