CDFIs help reduce poverty in our community.
CDFIs help reduce poverty in our community.
CDFIs support the needs of small businesses and consumers in rural, suburban, and urban areas across the United States. The designation is key to legitimizing and elevating our work with banks and other leveraged investors who align with our industry to bring affordable capital to markets that need catalytic investments to sustain and grow small businesses. These businesses create jobs, provide goods and services, and pay taxes that build strong communities. We need to preserve and grow the CDFI Fund for all Americans.
I am a Board Member of a Native American CDFI that serves Wabanaki Tribes and tribal members in Maine. It’s been quite concerning of the number of threats to our services by the Trump Administration. My hope is that these threats are no longer a hinderance to our daily services particularly the issue of federal funding freeze.