CDFI funding to nonprofits for construction returns more money into the community through economic activity. It’s very important we keep providing this capital in Indiana.
CDFI funding to nonprofits for construction returns more money into the community through economic activity. It’s very important we keep providing this capital in Indiana.
CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.
CDFIs are critical to our economy. They step in where banks can’t – or wont – go. They leverage hundreds of millions of private dollars every year and invest them in underserved businesses and communities, based on need and impact. This is an effective, efficient public-private solution to pressing social and economic issues throughout our country.