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.
Bridge and other CDFIs support business creation and expansion as well as the construction and redevelopment of housing in low to moderate income neighborhoods. These are activities not offered or delivered by other financial institutions to extent provided by CDFI’s.
CDFI funds are frequently the only source of funding and lending available to small, scaled community-oriented development in Minneapolis. Without access to those opportunities companies like mine would not be able to accomplish our development goals and create mid-scale projects related to the arts and market rate affordable housing.
CDFIs invest in creative solutions for communities, producing impactful outcomes such as those related to quality jobs, affordable housing, community health, and child wellbeing.
CDFIs in Missouri provide essential capital to help small businesses grow and contribute to the economy and their families. We must not delay in ensuring these critical organizations have the resources necessary to continue supporting the resilience of businesses, families, and communities across our state and our country.