CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
CDFIs create financing that banks won’t do. We have used CDFI funds for mobile home financing on older mobile homes. The portfolio has a 100% success rate with the funds coming back, revolving and helping another family with affordable housing option.
CDFIS help nonprofit organizations in my community.