Kentucky Highlands provides access to capital to small businesses located in its economically distressed and persistent poverty rural Appalachian service area.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
Kentucky Highlands provides access to capital to small businesses located in its economically distressed and persistent poverty rural Appalachian service area.
Bridge and other CDFIs support business creation and expansion as well as the construction and redevelopment of housing in low to moderate income neighborhoods. These are activities not offered or delivered by other financial institutions to extent provided by CDFI’s.
In Syracuse’s depressed economy, CDFIs have been a lifeline for aiding some of the most financially challenged residents and businesses. My credit union has leveraged CDFI funds to lift many households out of poverty, and we need this to continue.
These funds were used to construct our high school building, which has served thousands of students and families in our community.