MoFi

Founded in 1986, Montana Community Development corporation, doing business as Mofi ("Mofi"), is a 501(c)(3) nonprofit organization with a mission to provide financing and consulting that transforms lives and communities. Mofi is a Community Development financial institution ("cdfi") and new markets tax credit ("nmtc'") lender providing access to capital and free financial consulting services for people who have been left out of the financial mainstream. Mofi is inspired by one vision: transforming the financial system to work for everyone.mofi works in the rocky mountain west and has two primary lending programs: (1) providing loans to small and microbusinesses than cannot secure conventional financing, and (2) providing nmtc enhanced loans to catalytic projects that create jobs, provide critical Community services, and transform economies in the region's most impoverished areas.

In addition to its two core programs, Mofi offers two smaller home loan programs in Montana, a state characterized by high housing costs and low wages. These programs include homenow, a down payment assistance program offering down payment grants and loans, and ehrl (emergency home repair loan) a consumer loan for urgent home repairs for people living in manufactured housing.