I run a consulting firm that supports CDFIs in their critical work to ensure access to credit and enhanced economic opportunity and job creation. The unique public-private partnership model of CDFIs warrants bipartisan support.
I run a consulting firm that supports CDFIs in their critical work to ensure access to credit and enhanced economic opportunity and job creation. The unique public-private partnership model of CDFIs warrants bipartisan support.
After coming from several years working in for-profit corporations into a CDFI, I’ve come to appreciate the real benefits CDFIs provide to communities at all levels. CDFIs provide consumer, commercial, mortgage loans, housing development, community facilities when needed, and more creative solutions.
CDFIs drive local economic growth by financing small businesses, creating jobs, and expanding affordable housing. They support rural and tribal communities, fund critical services like childcare and health clinics, and have invested $298 billion in underserved areas since 2010.