May 2023 Stories and Data

Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx
ECLF Uses Capital Magnet Award to Support Rural Housing

Testimonials

CDFIs drive economic mobility in a way that positively transforms communities in many ways. It’s relevant for folks with a business/economy-first mentality to know: CDFIs create small businesses, develop financially stable households, and increase low-come families’ spending power. These are metrics that are meaningful to people of all political views. Investing in the CDFI Fund pays dividends to the broader economy. This is not a politically divisive line item in the budget. Fund the CDFI Fund!

-Kit Fordham, Mni Sota Fund, Minneapolis, MN

CDFIs are a critical link for many low-income communities and individuals for financing that is not available from conventional sources.

-Craig W stanley, www.cbofinancial.com, Clarksville, MD

Native CDFIs are crucial to provide the financing, investment and literacy services to improve economic and social conditions in Native communities where inadequate or non-existent mainstream financial services are commonplace. We are seeing the positive impacts of Native CDFIs across Alaska and Indian country through increased homeownership, profitable Native-owned small businesses and community improvement projects. Supporting Native CDFIs will build stronger, more resilient communities and better the economy for the nation.

-Senator Lisa Murkowski (R-AK)