December 21, 2022 Stories and Data

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Ernest Walker Insurance Agency

Tampa,
Florida

BBIF

432 Flats

Nashville,
Tennessee

Affordable Housing Resources, Inc.

GoGAL Program

Savannah,
Georgia

Access to Capital for Entrepreneurs

Enhanced Estètic

Sandy Springs,
Georgia

Access to Capital for Entrepreneurs

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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.

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Testimonials

Our Native communities are very close knit and culturally dependent upon the community to hold those sacred ways in place. Our communities need the CDFIs as they better understand and serve the community members in a way that is critical to the success of home ownership, small business support and primarily teaching the outside world’s credit system and how it affects each member. We strive to strengthen the financial wellbeing of our communities where government and the outside world falls short.

Becky Albert-Breed, First Nations Community Financial, Black River Falls, WI

CDFIs are critical to increasing access to capital in communities across the country. Here at Communities Unlimited, we are filling gaps that the market cannot fill. Leveraging the CDFI Fund, we provide lending services that are critical to basic infrastructure in rural places, sparking entrepreneurship in small towns, and deploying capital to increase investment in homes and property in rural areas. Our lending portfolio includes rural and regional water and wastewater systems, small business loans for unserved entrepreneurs who cannot access a loan from a traditional bank, and consumer loans for home improvement, private wells, and private septic systems in rural places. The best part about our lending services: our clients pay them off. These are not handouts but loans. CU’s lending services, through the CDFI Fund, are critical for increasing access to capital and driving economic growth in rural places.

Ines Polonius, Communities Unlimited, Fayetteville, AR

The CDFI FA/TA funding is critical to making projects happen and creating opportunities for employment. The NMTC program is critical to important real estate projects in areas like Opportunity Zones and other under invested areas.

Tammie Hoy, Together Consulting, St. Petersburg, FL

CDFIs make banking accessible for entrepreneurs and small businesses that often lack the institutional knowledge and networks to feel confident in the lending space. CDFIs are a critical tool that helps diversify our economy.

Cole Harvey, Grow America, Seattle, WA