Our CDFI improves the quality of the communities we serve by creating quality jobs through the small business that we support.
Our CDFI improves the quality of the communities we serve by creating quality jobs through the small business that we support.
CDFI funds play a crucial role in supporting small businesses and individuals aspiring to become homeowners throughout South Dakota. These funds provide much-needed financial resources to communities, offering opportunities for growth and stability where traditional financial institutions may not reach. By supporting small businesses, CDFI funds foster economic development and job creation, helping to strengthen local economies. Additionally, they enable homebuyers to achieve their dreams of homeownership, promoting long-term community stability and wealth-building. Without the critical assistance from CDFI funds, many entrepreneurs and potential homeowners in South Dakota would face significant barriers to success.
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.