April 22, 2020 Stories and Data

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

Testimonials

CDFIs are critical to increasing access to capital in communities across the country. Here at Communities Unlimited, we are filling gaps that the market cannot fill. Leveraging the CDFI Fund, we provide lending services that are critical to basic infrastructure in rural places, sparking entrepreneurship in small towns, and deploying capital to increase investment in homes and property in rural areas. Our lending portfolio includes rural and regional water and wastewater systems, small business loans for unserved entrepreneurs who cannot access a loan from a traditional bank, and consumer loans for home improvement, private wells, and private septic systems in rural places. The best part about our lending services: our clients pay them off. These are not handouts but loans. CU’s lending services, through the CDFI Fund, are critical for increasing access to capital and driving economic growth in rural places.

-Ines Polonius, Communities Unlimited, Fayetteville, AR

CDFIs are a key component of helping our communities thrive.

-John Zmolek, Business Impact NW, Seattle, WA

As a CDFI Lender, we are able to help small businesses, and underserved areas survive. Without this help, many of these businesses would not be able to continue to exist.

-Brian Stoliker, Acadia Federal Credit Union, Fort Kent, ME