As the Chair of the CDFI Coalition Board of Directors, I and the membership of the Coalition would greatly appreciate your support of this request.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
As the Chair of the CDFI Coalition Board of Directors, I and the membership of the Coalition would greatly appreciate your support of this request.
CDFIs make a difference in people’s lives and in our communities. They encourage development and entrepreneurship that amplifies beyond the appropriations requested. Investing in the CDFI fund is an important investment that brings real, tangible results.
CDFIs are a vital source of capital for the small and micro businesses in our communities, businesses that typically aren’t at the scale to be served by the large banks. They create jobs, generate taxes and keep our communities and economy vibrant and strong.
This is greater than just the CDFI Fund. There are countless of small businesses that cannot get financial support in a traditional lending institution.