The CDFI funds are critical to supporting entrepreneurs start up new small businesses which are the backbone of our economy. Without this funding, new jobs cannot be created and local tax bases will not grow. Please support small businesses!
The CDFI funds are critical to supporting entrepreneurs start up new small businesses which are the backbone of our economy. Without this funding, new jobs cannot be created and local tax bases will not grow. Please support small businesses!
CDFIs have assisted lower income people as they begin to work towards achieving the American Dream
CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.
Since its inception in 1994, PeopleFund – a CDFI and SBA Lender – has deployed more than $1.2 Billion in financial assistance in areas that needed jobs and revitalization in Texas. Almost 60% of this growth took place in the last 5 years. We are also the managing member of the Veteran Loan Fund, a collaborative effort of a growing number of CDFIs across the country supporting Veterans and Veteran spouses start and grow their businesses.