January 2021 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

Testimonials

Century is a CDFI, and we finance affordable housing and provide capital to underserved communities. We urge continuation of investment and support the appropriation of critical funds to produce more housing.

-Beulah Ku, Century Housing, Culver City, CA

CDFI funding to nonprofits for construction returns more money into the community through economic activity. It’s very important we keep providing this capital in Indiana.

-Donna Sink, IFF, Indianapolis, IN

The shift in business models among banks and credit unions—along with ongoing consolidation and the retreat from rural markets—has left a growing number of entrepreneurs without access to traditional financing. In response, MoFi and other CDFIs have become critical entry points for future bank customers.

-Heidi DeArment, MoFi