Our CDFI certification and money received has allowed us the opportunity to be of service to the most underserved and marginalized in our community.
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.
Our CDFI certification and money received has allowed us the opportunity to be of service to the most underserved and marginalized in our community.
CDFIs work results in invaluable benefits to communities, including jobs, housing, tax revenue, and vitality.
These funds were used to construct our high school building, which has served thousands of students and families in our community.
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.