May 16, 2023 Stories and Data

May 16, 2023 Stories

Rebuilding Together
A family's journey through the Marshall Fire
Pennsylvania Assistive Technology Foundation Lending in PA District 1
PATF has supported 206 borrowers in Pennsylvania's 1st Congressional District, including 83 in Bucks County and 123 in Montgomery County.
CDVCA Invests in Goodwrx
Empowering Hospitality Workers with Stability, Flexibility
ECLF Uses Capital Magnet Award to Support Rural Housing
Project Preserves 133 Affordable homes in Rural Texas

May 16, 2023 Fact Sheet

Testimonials

True core CDFIs are the leaders and support mechanisms in rural communities. They are the local trusted partners that positively impact individuals, companies and communities to build equity and hope into areas that are difficult to develop.

-Lori Moen, GROW SD, Sisseton, SD

Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.

-Alvertis Brooks Jr., Rainier Valley Community Development Fund, Seattle,, WA

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

Map of May 16, 2023 CDFI Branches and Stories