September 2015 Stories and Data

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Ernest Walker Insurance Agency

Tampa,
Florida

BBIF

432 Flats

Nashville,
Tennessee

Affordable Housing Resources, Inc.

GoGAL Program

Savannah,
Georgia

Access to Capital for Entrepreneurs

Enhanced Estètic

Sandy Springs,
Georgia

Access to Capital for Entrepreneurs

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Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

CDFIs provide responsible and affordable loans to individuals, businesses, and organizations that are unable to obtain financing from conventional banks – not because they aren’t worthy of a loan, but because their risk profile doesn’t fit the more rigid criteria used by conventional banks. This is an essential service for making sure loan capital reaches deserving borrowers with unconventional loan applications. And because CDFIs disburse loans instead of grants, they offer a sustainable solution to financing and teach borrowers how to manage budgets and pay back their loans.

Lance Loethen, Tract Advisors, LLC, Stockton, NJ

CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.

Adam Safer, Carolina Small Business Development Fund, Raleigh, NC

CDFIs help people with the big repairs, supporting jobs, and financing vehicles to get to work and shopping. These are all good for the economy as well for those individual families.

Heather Engelman, Cooperative Federal, Syracuse, NY

Since 2008, CDFI Sustainable Neighborhoods has lent over $600 million to New York State homeowners at risk of losing their homes to foreclosure. Our lending programs have stabilized tens of thousands of households, thus preventing family displacement that leads to personal financial hardship and expenditures of substantial government funding needed to prevent or address homelessness across New York’s rural, suburban, and urban regions.

Pamela Sah, Sustainable Neighborhoods/Center for NYC Neighborhoods, New York, NY