"It's no secret that our nation faces a massive housing affordability crisis. With soaring rents and home prices shutting the door to homeownership for moderate- and middle-income families, this has truly become an emergency. Historically, community development financial institutions have played only a small role in housing finance outside of a few large entities supporting traditional affordable housing projects. However, current circumstances have created an opportunity for CDFIs to significantly impact the housing crisis through new and innovative approaches."