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A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

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Definition of Diversified Community Investment Fund on The Grid Glossary

Diversified Community Investment Fund

Also known as: DCIF

Published on 2024-07-22 | Last edited on 2024-09-09

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Definition

The DCIF offers a compliant strategy to avoid classification as an "investment company" under the Investment Company Act of 1940, which allows flexibility in raising community capital, primarily focusing on real estate investments (at least 60% of its assets are non-securities).

Diversified Community Investment Fund

Definition

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