We have a critical community project that we are planning to build this year using CDFI funds. It will create new jobs and help small business owners.
We have a critical community project that we are planning to build this year using CDFI funds. It will create new jobs and help small business owners.
I’ve been a member of a CDFI for 25 yrs and would never go back to a traditional bank, due to the good works that I’ve seen done by CDFI’s. I was also a board member for a few years at one, so I know the inner workings and understand the community missions they take on. My children and I have had a stable home for the past 18 years, partly due to the credit building assistance we received from a CDFI.
CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.