January 18, 2021 Stories and Data

CDVCA Invests in Goodwrx
ECLF Uses Capital Magnet Award to Support Rural Housing
Rebuilding Care and Opportunity in Appalachian Kentucky
Eden Housing & Housing Trust

Testimonials

We are a Native CDFI serving the Eastern Band of Cherokee Indians in western NC. Our work here is critical to supporting new business creation, small business growth, job creation and retention, and housing security for tribal members who have historically endured economic hardship and lack of adequate banking and capital resources. Not to be lumped in with the myriad ways government-funded projects and organizations waste tax dollars, our industry has proven itself a superior investment for the U.S. taxpayers and is one our elected officials should be proud to support.

-Russ Seagle, The Sequoyah Fund, Inc., Cherokee, NC

The CDFI industry has grown thanks to broad bipartisan support over the last 25 years. We’re counting on Congress to keep this essential economic development engine moving forward.

-Meagan Weatherby, Cooperative Federal, Syracuse, NY

NeighborGood Partners became certified as a CDFI by the U.S. Treasury in 2004 and since then, the Loan Fund has lent a total of $180.4 million in 294 loans for affordable housing, community facilities, and neighborhood revitalization. The fund averages about 20 loans a year, with its staff of five managing over $30 million in assets, which represents a 3000% growth in assets since 2004.

-Karen Speakman, Neighborgood Partners, Wilmington, DE