January 8, 2021 Stories and Data

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Meet Allison Bell, Owner of Little Things Preschool and Daycare

Canon City,
Colorado

Colorado Enterprise Fund

Rebuilding Together

Loveland,
Colorado

Impact Development Fund

Pennsylvania Assistive Technology Foundation Lending in PA District 1

Pennsylvania

Pennsylvania Assistive Technology Foundation

CDVCA Invests in Goodwrx

Las Vegas,
Nevada

Community Development Venture Capital Alliance

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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.

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Testimonials

As a consulting firm working closely with CDFIs and economic development partners across the country, SBC Small Business Consulting supports [CDFI Fund appropriations]. The clarity and continuity of these federal programs are critical for ensuring small businesses in underserved communities receive the technical assistance and capital they need to grow. We appreciate the Treasury’s commitment to supporting CDFIs and encourage swift action to maintain momentum in local economic development efforts.

Kyle mason, SBC Consulting, Columbus, OH

CDFI funds are frequently the only source of funding and lending available to small, scaled community-oriented development in Minneapolis. Without access to those opportunities companies like mine would not be able to accomplish our development goals and create mid-scale projects related to the arts and market rate affordable housing.

Colin Ryan Oglesbay, D/O Architects, Saint Paul, MN

CDFIs are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.

Suzanne Anarde-Devenport, Rural Community Assistance Corporation (RCAC), West Sacramento, CA

It has been proven over the decades that the CDFI industry has been mega critical to the flow of capital in this country, specifically in disinvested communities. By appropriating at least $354M for the CDFI Fund, this directly supports the deployment and capacity building of not only CDFIs but the millions of small businesses that hire and create jobs, erect infrastructure, rebuild neighborhood corridors, and partner across industries for improved quality of life. If we are serious about reducing the wealth gap for increased positive impacts, supporting CDFIs is extremely important.

Ron Brooks, River City Capital Investment, Memphis, TN