May 2023 Stories and Data

Meet Allison Bell, Owner of Little Things Preschool and Daycare
Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx

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

At Prestamos, we support CDFIs because they are a lifeline for underserved communities, providing access to capital and technical assistance where traditional financial institutions often fall short. CDFI funding enables us to offer flexible, culturally competent lending and support services that help small businesses grow, create jobs, and build generational wealth. Without CDFIs, too many communities would be left behind in our economic recovery and growth. We are proud to be part of the solution that bridges this equity gap.

Amber Cordoba, Prestamos CDFI, Phoenix, AZ

CDFIs are not just banks. They are lifelines. Without them, thousands of small businesses-many in overlooked neighborhoods (urban and rural) – would never get access to capital, training, and the support they need to survive, let alone thrive.

David Wise, Nebraska Enterprise Fund, Omaha, NE

Supporting Community Development Financial Institutions (CDFIs) is crucial for economic growth and access to capital in underserved areas. CDFIs provide essential financial services, stimulating local economies by offering affordable loans to small businesses and nonprofits. Increased funding for CDFIs ensures expanded outreach and impact, promoting economic stability and development. Enhanced budgetary support for CDFIs is a strategic investment that benefits the nation’s economic infrastructure.

T. Jay Diallo, First Community Capital, Inc., Riverside, CA

CDFIs are needed throughout the country to help people make their dreams come true by becoming a homeowner.

Colleen Steele, Mazaska Owecaso Otipi Financial Inc., Pine, SD