We cannot abandon Community Development Financial Institutions (CDFIs), who do measurable, positive work in our communities.
We cannot abandon Community Development Financial Institutions (CDFIs), who do measurable, positive work in our communities.
CDFIs support the needs of small businesses and consumers in rural, suburban, and urban areas across the United States. The designation is key to legitimizing and elevating our work with banks and other leveraged investors who align with our industry to bring affordable capital to markets that need catalytic investments to sustain and grow small businesses. These businesses create jobs, provide goods and services, and pay taxes that build strong communities. We need to preserve and grow the CDFI Fund for all Americans.
CDFIs, as mission-driven financial institutions are at the forefront in providing access to capital to underserved borrowers.