San Francisco, CA

SAN FRANCISCO COMMUNITY INVESTMENT FUND

EIN 27-1996807

Community & Economic Development Community Foundations & Local Giving Low-income

Mission

To create measurable community benefits in San Francisco's low‑income neighborhoods by deploying New Markets Tax Credits and catalytic financing to support job creation, increased access to services, and equitable neighborhood development.

IRS-recognized 501(c)(3) Contributions are tax-deductible

Claim this page Visit www.sf.gov/san-francisco-community-investment-fund

About SAN FRANCISCO COMMUNITY INVESTMENT FUND

The San Francisco Community Investment Fund (SFCIF) is a nonprofit financial institution established in 2010 and administered by the City and County of San Francisco to deploy New Markets Tax Credits (NMTCs) and subsidized financing for projects in low‑income neighborhoods. SFCIF invests in real estate and working capital for nonprofits, small businesses, and community projects that deliver documented community benefits — including job creation, childcare and healthcare access, arts and cultural space, food security, and environmental sustainability — and operates as a certified Community Development Entity (CDE). In recent years SFCIF has remained active in awarding NMTC‑based financing and public funding rounds (including a federal NMTC allocation announced Oct 18, 2024), and since its founding has helped catalyze substantial investment and job creation in historically underserved San Francisco neighborhoods.

Notable achievements

2024 NMTC Allocation ($60M)

Received a $60 million federal New Markets Tax Credit allocation (announced Oct 18, 2024) to support nonprofits and local businesses in low‑income San Francisco neighborhoods.

2017 NMTC Allocation ($30M)

Awarded a $30 million New Markets Tax Credit allocation as an NMTC allocatee, enabling below‑market financing for qualifying community projects.

Catalyzed Local Investment

Since its founding in 2010, SFCIF has helped attract hundreds of millions in investment to underserved neighborhoods — supporting projects that have generated substantial construction employment and expanded local community services.

At a glance

Total assets: $4.9M
Annual revenue: $1.7M
Tax status: 501(c)(3)
EIN: 27-1996807
Location: San Francisco, CA
Website: www.sf.gov/san-francisco-community-investment-fund
On Mahalo since: April 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Designated a certified Community Development Entity (CDE) by the U.S. Treasury Department’s CDFI Fund.

Operated and overseen in partnership with the City and County of San Francisco (administered through the Office of Economic and Workforce Development and governed by a city‑appointed board).

Recipient of multiple New Markets Tax Credit allocations and subject of City of San Francisco announcements highlighting its role in financing projects that deliver community benefits.

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