Century is a CDFI, and we finance affordable housing and provide capital to underserved communities. We urge continuation of investment and support the appropriation of critical funds to produce more housing.
Century is a CDFI, and we finance affordable housing and provide capital to underserved communities. We urge continuation of investment and support the appropriation of critical funds to produce more housing.
CDFIs are mission-driven financial institutions rooted in community. They exist to expand economic participation, particularly in places that have long been excluded from traditional financing systems. In many ways, BII has operated with a CDFI mindset from the start: investing in local entrepreneurs, supporting community-owned enterprises, and helping to close persistent gaps in access to capital.
CDFIs benefit communities like Syracuse, which have experienced economic decline due to the withdrawal of large employers (like Carrier, GE, etc.) but are also seeing revitalization.