CDFIs, as mission-driven financial institutions are at the forefront in providing access to capital to underserved borrowers.
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.
CDFIs, as mission-driven financial institutions are at the forefront in providing access to capital to underserved borrowers.
CDFIs have been essential vehicles for moving investment capital into communities that otherwise cannot access capital. We provide important technical assistance and financial support to grow businesses, finance projects, and revitalize communities thanks to investments from the CDFI Fund, which we then leverage with other private capital.
I cannot state strongly enough how important CDFIs have been to my community and to the country as a whole. They rely in part — as they should — on federal financial support. Please release funds for use by the many CDFIs in the USA.
CDFIs create impactful changes in communities and provide catalytic growth and changes which provide jobs, particularly in low and moderate in come areas.