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.

Testimonials

I am a real estate broker and development consultant working with emerging developers, small businesses and nonprofits. Many of my clients cannot finance their projects with traditional debt and equity because they don’t come from generational wealth and because their projects are more challenging because they are in markets that are not achieving their full potential yet or meeting critical community needs that don’t produce quite as much profit. CDFI lending has stepped in the gap to solve dozens of critical projects that just need a little boost to get to the finish line, and CDFIs are critical partners to Platform’s work.

Renee Spillum, Platform Commercial Real Estate, SBC, Saint Paul, MN

Our organization serves entrepreneurs and small businesses in Southeast Missouri. Located in the 8th Congressional District, the poorest district in the state, our customers rely on our program and the funding available through programs like the CDFI to get started and stay open. While not a CDFI yet we have plans to apply for TA and move forward for certification this year.

Heather Garner, Southeast Economic Development Fund, Inc, Park Hills, MO

The purpose of CDFI funds are critical to the communities to be able to support people and programs such as affordable housing and financial literacy to improve the wellbeing of the community.

Tamara Honaker, Launch Credit Union, Merritt Island, FL

CDFIs provide critical support that empowers communities to thrive. These financial institutions provide capital that leverages expertise and best practices from the financial services and business sectors to put capital to work in communities across the nation.

Kavita Raman, KRG Consulting, San Francisco, Ca