December 9, 2021 Stories and Data

December 9, 2021 Stories

Built to Scale: Designing a Business with Scale in Mind
Empowered Women International is a program under the Latino Economic Development Center that unlocks the potential of women through the power of entrepreneurship.
St. John Manor
Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.
Catonsville CO-OP brings together food, community, and local businesses
In the summer of 2011, a few Catonsville residents met at the local library. They shared a passion for supporting local businesses and wanted to bring those products into their community. Eleven years later, that idea has blossomed into the Catonsville Cooperative (CO-OP) Market and Grocery, a market and community hub owned and operated by owner members of the community.
A Grand Opening Like No Other
A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!

December 9, 2021 Fact Sheet

Testimonials

Our CDFI is housed in a non-profit dedicated to cultivating entrepreneurial leadership within underserved communities to increase their economic mobility. CDFIs are crucial to this work and bridging the gap to help entrepreneurs access funding before being able to approach a traditional lender for a myriad of reasons such as lack of credit history, being underbanked or never banking, lacking access to financial literacy resources and education around borrowing process. Being able to combine training resources with microlending support enables our org to further serve these populations in a way that best meets their needs and creates economic growth and jobs within our local communities.

-Ariana Garcia, ASSETS PA, Lancaster, PA

As an emerging CDFI offering funding and technical assistance to uplift underserved communities and our economy the CDFI appropriation is imperative.

-Bydeia Harmon, AACCNJ Capital Fund Inc., Trenton, NJ

CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.

-Gene Bargas, Neighborhood Housing Services of San Antonio, INC, San Antonio, TX

Map of December 9, 2021 CDFI Branches and Stories