These funds were used to construct our high school building, which has served thousands of students and families in our community.
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.
These funds were used to construct our high school building, which has served thousands of students and families in our community.
CDFIs provide a critical service to low-income entrepreneurs who are generally excluded from traditional financing to receive business training services and access to affordable capital to help them start their own microenterprises and thus improve their family’s and community’s economic stability.
CDFIs are most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.
CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.