October 24, 2020 Stories and Data

Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx
ECLF Uses Capital Magnet Award to Support Rural Housing

CDFIs provide access to critical financial services and education in a way that’s accessible to and designed for low income and low wealth people and families. CDFIs help strengthen the US economy by expanding opportunities for homeownership, small business, and consumer credit., and federal grants to CDFIs are leveraged many times over by private capital. Due to the success of this work, the CDFI Fund has been sustained by broad, bipartisan support for 25 years.

-Christina Sauve, Cooperative Federal, Syracuse, NY

[The CDFI Fund is an] incredibly important economic development agent that helps all small businesses across the country to grow, create jobs, become bankable and strengthen our economy.

-Allison Kelly, ICA Fund, Oakland, CA

CDFIs are filling in gaps in the capital markets that make financing more widely accessible and contribute to greater economic prosperity for all.

-Jennifer Talansky, Nonprofit Finance Fund, New York, NY