Clearinghouse CDFI Completes Repayment of First $100 Million Bond

The community development lender repaid its first bond issued through the U.S. Treasury's CDFI Bond Guarantee Program.

Mar. 23, 2026 at 11:04am

Got story updates? Submit your updates here. ›

Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced the full repayment of its first $100 million bond issued through the U.S. Department of the Treasury's CDFI Bond Guarantee Program. The transaction represented the first bond ever issued and one of the first repaid through the program, marking a significant milestone for the organization.

Why it matters

The successful repayment of the $100 million bond demonstrates Clearinghouse CDFI's ability to responsibly deploy and manage large-scale capital through the full life cycle of the investment. This affirms the organization's proven track record in community development lending and its commitment to expanding investment in underserved areas.

The details

Clearinghouse CDFI deployed the $100 million bond allocation through 81 loans totaling $196 million, financing community development projects across eight states. These projects generated significant economic activity, creating 2,253 permanent and construction jobs while retaining 725 existing jobs. The financing also created or preserved 718 affordable housing units.

  • The bond was issued in 2014, with the first draw occurring on July 30, 2014.
  • Clearinghouse CDFI announced the full repayment of the bond on March 23, 2026.

The players

Clearinghouse Community Development Financial Institution (Clearinghouse CDFI)

A mission-driven lender that finances projects in low-income and capital-limited communities across the United States and Indian Country.

U.S. Department of the Treasury's CDFI Bond Guarantee Program

A program designed to operate at zero cost to the federal government, expanding community investment while protecting public resources.

Douglas Bystry

Founder, President, and CEO of Clearinghouse CDFI.

Got photos? Submit your photos here. ›

What they’re saying

“The successful repayment of our first $100 million bond reflects disciplined execution from origination through repayment. We deployed capital strategically and maintained strong portfolio performance with positive, measurable results. This milestone affirms our proven ability to deploy and manage large-scale capital through full repayment.”

— Douglas Bystry, Founder, President, and CEO of Clearinghouse CDFI

The takeaway

Clearinghouse CDFI's successful repayment of its first $100 million bond issued through the U.S. Treasury's CDFI Bond Guarantee Program demonstrates the organization's disciplined approach to community development lending and its ability to responsibly deploy and manage large-scale capital. This milestone affirms Clearinghouse CDFI's commitment to expanding investment in underserved areas and creating positive, measurable impact.