June 2016 Stories and Data

CDVCA Invests in Goodwrx
ECLF Uses Capital Magnet Award to Support Rural Housing
Rebuilding Care and Opportunity in Appalachian Kentucky
Eden Housing & Housing Trust

Testimonials

I’m a contract CFO for multiple smaller CDFIs around the US who are supporting those in our communities that are starting small businesses, trying to get financing to buy a vehicle to get to a job or earn a living in the gig economy, and small developers bringing affordable housing onto the market. No one else is making this financing available. I work to see thriving communities here in the US that make our local economies vibrant and healthy. The CDFI Fund makes that possible.

-Marianne Vermeer, Vermeer Consulting Group LLC, Ashland, VA

As a Native CDFI, funding from the CDFI Fund provides Native communities with access to capital that would otherwise be unavailable. Due to the complexities of tribal lands, traditional banks do not offer the same financial opportunities. Native CDFIs, supported by the CDFI Fund, are bridging this gap by providing equitable access to capital in ways that were previously unheard of.

-Matthew Lewis, Four Directions Development Corporation, Orono, ME

We have a critical community project that we are planning to build this year using CDFI funds. It will create new jobs and help small business owners.

-Dana Nelson, Tubman, Minneapolis, MN