March 13, 2019 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

At Prestamos, we support CDFIs because they are a lifeline for underserved communities, providing access to capital and technical assistance where traditional financial institutions often fall short. CDFI funding enables us to offer flexible, culturally competent lending and support services that help small businesses grow, create jobs, and build generational wealth. Without CDFIs, too many communities would be left behind in our economic recovery and growth. We are proud to be part of the solution that bridges this equity gap.

-Amber Cordoba, Prestamos CDFI, Phoenix, AZ

CDFI funds are frequently the only source of funding and lending available to small, scaled community-oriented development in Minneapolis. Without access to those opportunities companies like mine would not be able to accomplish our development goals and create mid-scale projects related to the arts and market rate affordable housing.

-Colin Ryan Oglesbay, D/O Architects, Saint Paul, MN

CDFIs are most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.

-Aisha Benson, Nonprofit Finance Fund, New York, NY