CDFIs are absolutely critical to provide funds for residential and business loans which grow our economy.
CDFIs are absolutely critical to provide funds for residential and business loans which grow our economy.
I’m a contract CFO for multiple smaller CDFIs around the US who are supporting those in our communities that are starting small businesses, trying to get financing to buy a vehicle to get to a job or earn a living in the gig economy, and small developers bringing affordable housing onto the market. No one else is making this financing available. I work to see thriving communities here in the US that make our local economies vibrant and healthy. The CDFI Fund makes that possible.
We cannot abandon Community Development Financial Institutions (CDFIs), who do measurable, positive work in our communities.