June 25, 2015 Stories and Data

June 25, 2015 Stories

TruFund Helps Advance Sustainable, Affordable Senior Housing in Brooklyn with Nearly $2M Investment
TruImpact Story: How Colmex Construction Built a Legacy of Opportunity
TruImpact Story: Allstar Community Care
Leroy’s LipSmack’n Lemonade: Business Success Story Fueled by Family, Community, and Autism Advocacy

June 25, 2015 Fact Sheet

I have watched how CDFIs support small business owners and home owners where banks and credit unions could not. The amount banks charge is often above what people can pay, CDFIs that are nonprofits even the playing field for them by investing in the people and not company profits.

-Romy Fitschen, Lansing, MI

CDFIs are critical lender and investors in low-wealth communities and low-resourced communities in South Carolina. CDFIs are vital lenders for affordable housing, small businesses, and community facilities. We strongly support the protection of the CDFI Fund.

-Bernie Mazyck, South Carolina Association for Community Economic Development, North Charleston, SC

CDFIs work results in invaluable benefits to communities, including jobs, housing, tax revenue, and vitality.

-Amy Szabo, Friedman Associates LLC, Iowa City, IA

Map of June 25, 2015 CDFI Branches and Stories