May 2023 Stories and Data

Ernest Walker Insurance Agency
432 Flats
GoGAL Program
Enhanced Estètic

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.

As a Native CDFI, funding from the CDFI Fund provides Native communities with access to capital that would otherwise be unavailable. Due to the complexities of tribal lands, traditional banks do not offer the same financial opportunities. Native CDFIs, supported by the CDFI Fund, are bridging this gap by providing equitable access to capital in ways that were previously unheard of.

Matthew Lewis, Four Directions Development Corporation, Orono, ME

CDFIs are critical to driving real estate development in underserved communities and during challenging economic times. We have developed more than $100 M in projects using CDFI financing and it is a critical component to the capital stack, as well as important for delivering transformative projects to communities across the country.

JoAnna Hicks, Element Commercial Real Estate, Minneapolis, MN

Native CDFIs are important to fixing the housing crisis in Indian Country. They are a way for Tribes to attract capital that leave Tribal members in control.

Senator Cynthia Lummis (R-WY)

CDFIs work results in invaluable benefits to communities, including jobs, housing, tax revenue, and vitality.

Amy Szabo, Friedman Associates LLC, Iowa City, IA