Since 2011 the RGVMB CDFI has assisted over 140,000 borrowers across the Nation with access to needed capital. This work can only be done with help from the CDFI Fund.
Since 2011 the RGVMB CDFI has assisted over 140,000 borrowers across the Nation with access to needed capital. This work can only be done with help from the CDFI Fund.
CDFIs are boots on the grown and first responders standing by low-income communities every day, particularly during difficult economic times, to support small businesses with flexible loans and financial education and technical assistance. All this, to grow small businesses and feed the economy.
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.