CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.
CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.
As a consulting firm working closely with CDFIs and economic development partners across the country, SBC Small Business Consulting supports [CDFI Fund appropriations]. The clarity and continuity of these federal programs are critical for ensuring small businesses in underserved communities receive the technical assistance and capital they need to grow. We appreciate the Treasury’s commitment to supporting CDFIs and encourage swift action to maintain momentum in local economic development efforts.
As a CDFI, we are able to provide loans and investments to borrowers for projects that improve the quality of life in our community’s low to moderate income census tracts. Frequently, these transactions are not supported by financial institutions directly under competitive terms and conditions that we as a CDFI can make.