CDFIs provide banking services to people who would not otherwise have access to these basic services.
CDFIs provide banking services to people who would not otherwise have access to these basic services.
CDFIs are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.
As a CDFI, we support areas that have had historical underinvestment and see a transformative impact to those communities over time. The CDFI fund has an excellent private investment track record that accompanies the Treasury investment, leveraging the funds at an $8 or more for every $1 from the CDFI fund. This helps incentivize investment in these communities, bringing greater prosperity to all and putting all Americans to work that can access these programs.