September 2015 Stories and Data

Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx
ECLF Uses Capital Magnet Award to Support Rural Housing

Testimonials

We want ALL entrepreneurs to have access to capitol to support their businesses. Especially those that may be deemed unbankable.

-Renay Dossman, NDC, Saint Paul, MN

CDFI are critical in our outline areas. The focus areas and collaborative efforts with tribal members continue to be a success.

-Eric Shepherd, Sisseton Wahpeton Housing Authority, Sisseton, SD

We have seen thousands of businesses receive grants and loans through CDFIs that have gone on to become successful businesses, contributing significantly to their local economies. Most of these businesses would not have received this capital from other financial institutions, so without this CDFI funding these thousands of businesses would not have been started or would have run out of initial funding before hitting the critical mass necessary to be successful. It means thousands of businesses, employers and employees are now gainfully employed, contributing to the economy and paying taxes that otherwise would not have happened.

-Daniel Posse, LoanWell, Durham, NC