Frank is the founder of Community Reinvestment Fund, USA, an innovative national CDFI committed to collaborating with others to fill gaps in access to capital and grow the capability of the industry. Altman pioneered the development of a secondary market for community and economic development loans. In partnership with a network of community partners, CRF has funded $3.6 billion in loans to small businesses, community facilities, charter schools, and affordable housing projects in more than 1,000 communities in all fifty states. Altman is a founding member and first President of the Board of Directors of the New Markets Tax Credit Coalition and helped spearhead the creation of a federal tax credit to encourage private investment in low-income communities. He is a member of the Center for Community Development Investors at the Federal Reserve Bank of San Francisco and an advisor to the Social Innovation Initiative at Brown University. He lives in Minneapolis.
