May 28, 2021 Stories and Data

Meet Allison Bell, Owner of Little Things Preschool and Daycare
Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx

Testimonials

CDFIs have a demonstrated track record of success: they often leverage every federal dollar to attract up to 12 times that amount in private investment, reaching borrowers that traditional banks overlook. Whether it’s a veteran-owned business in Montana, a farm in the Central Valley, or a childcare provider in the South Bronx, CDFIs meet communities where they are, providing not only loans but financial education, technical assistance, and long-term support. This is not a partisan issue. Nearly every congressional district in America benefits from the work of CDFIs, with 92% of House districts having at least one CDFI. CDFIs are an engine of local resilience-supporting job creation, small business formation, and upward mobility.

-Heidi Pickman, CAMEO Network – California Association for Micro Enterprise Opportunity, San Francisco, CA

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.

-Charlotte J. Smith, Community Economic Development Association of Michigan, Lansing, MI

CDFIs provide banking services to people who would not otherwise have access to these basic services.

-Julie Kopadt, Alltru Federal Credit Union, Wentzville, MO