October 24, 2020 Stories and Data

October 24, 2020 Stories

Built to Scale: Designing a Business with Scale in Mind
Empowered Women International is a program under the Latino Economic Development Center that unlocks the potential of women through the power of entrepreneurship.
St. John Manor
Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.
Catonsville CO-OP brings together food, community, and local businesses
In the summer of 2011, a few Catonsville residents met at the local library. They shared a passion for supporting local businesses and wanted to bring those products into their community. Eleven years later, that idea has blossomed into the Catonsville Cooperative (CO-OP) Market and Grocery, a market and community hub owned and operated by owner members of the community.
A Grand Opening Like No Other
A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!

October 24, 2020 Fact Sheet

CDFIs provide banking services to people who would not otherwise have access to these basic services.

-Julie Kopadt, Alltru Federal Credit Union, Wentzville, MO

CDFIs are needed throughout the country to help people make their dreams come true by becoming a homeowner.

-Colleen Steele, Mazaska Owecaso Otipi Financial Inc., Pine, SD

CDFIs make banking accessible for entrepreneurs and small businesses that often lack the institutional knowledge and networks to feel confident in the lending space. CDFIs are a critical tool that helps diversify our economy.

-Cole Harvey, Grow America, Seattle, WA

Map of October 24, 2020 CDFI Branches and Stories