CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.
CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.
CDFIs stand in the gap for communities that have long been overlooked, offering the tools, capital, and support that empower people to lift themselves up by their bootstraps. From revitalizing main streets to helping families buy their first homes, CDFIs turn potential into progress. With timely and full support from the Treasury Department, these institutions can continue delivering measurable impact, fueling self-reliance, entrepreneurship, and generational change in America’s most underinvested communities
CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.