September 20, 2022 Stories and Data

Built to Scale: Designing a Business with Scale in Mind
St. John Manor
Catonsville CO-OP brings together food, community, and local businesses
A Grand Opening Like No Other

Testimonials

CDFIs are filling the deep credit gap encountered in many communities providing financing to small businesses, affordable housing, and community facilities, creating jobs and business opportunities and promoting revitalization.

-Mark Wilson, Coalition for Responsible Community Development, Los Angeles, CA

As the Chair of the Board I see the positive impacts of our lending and business advising daily. Our work is integral to the health and vibrancy of our local community. Our support of emerging entrepreneurs and small businesses looking to grow fills an existing gap in the private sector and provides accessible options for many businesses.

-Gunnar Carlson, MN Consortium of Community Developers, Minneapolis, MN

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.

-Yasmin Badri, MicroCare Community Development Solutions, Tucson, AZ