Community First Fund is recognized as one of the premier community development finance institutions in central and eastern Pennsylvania. Our dedication to the communities we serve and our commitment to excellence has been acknowledged with superior industry rankings and national accolades.
Aeris – The Independent CDFI Rating System
Community First Fund was one of the first organizations in the country to participate in Aeris, an independent CDFI Assessment and Rating System. This comprehensive, third-party analysis of community development financial institutions that aids investors and donors in their investment decision-making was designed by the Opportunity Finance Network.
Community First Fund holds an outstanding Aeris rating of Four Star AA Policy Plus.This is an indication that our impact is among the best in the industry, our financial performance is strong, and our policy and advocacy efforts are being recognized.
The Aeris Rating Scale
A CDFI in this group has clear alignment of mission, strategies, activities, and data that guides its programs and planning. The CDFI presents data that clearly indicate that it is using its resources effectively to achieve positive impacts related to its mission. It has processes and systems that track output and outcome data on an ongoing basis, and it can provide data showing positive changes in the communities or populations being served. This CDFI uses its data on an ongoing basis to adjust strategies and activities in line with its desired impact.
A CDFI in this group has very strong financial strength, performance and risk management practices relative to its size, complexity, and risk profile. Challenges are well within the board of directors’ and management’s capabilities and willingness to strengthen. The CDFI is capable of withstanding fluctuations in its operating environment.
A CDFI in this group indicates that policy change is an integral part of their strategy and mission. The CDFI leads initiatives to change government policy at both the local and federal level to the benefit of the community development finance industry and low-income communities.