Launch New York Stories and Data

Launch New York Stories

CDFI Program Financial Assistance Success Stories: Spring Bank
A CDFI program in NYC enabling low-income employees to access affordable credit, improve credit scores, and build savings
BOLD Charter School
Construction of a 60,000 square feet charter school facility featuring 27 classrooms, small breakout rooms, an art room, music room, science labs, cafeteria/gymnasium, and administrative spaces.
Pickleball Mania
AE financing helped Lesa Carter expand her community recreation business, offering events like family nights for 75+ attendees.
The Juice Collective
AE helped LaTeka Cooke-Davis start her juice bar when others wouldn’t; she’s expanding from Horseheads to downtown Elmira.

Launch New York Fact Sheet

CDFIs exist to help grow local economies, provide housing, and support small businesses.

-Indaria Jones, Cooperative Federal Credit Uniom, Syracuse, NY

I’ve been a member of a CDFI for 25 yrs and would never go back to a traditional bank, due to the good works that I’ve seen done by CDFI’s. I was also a board member for a few years at one, so I know the inner workings and understand the community missions they take on. My children and I have had a stable home for the past 18 years, partly due to the credit building assistance we received from a CDFI.

-Stacy Crandell, Member owner, Syracuse, NY

CDFIs are important for local economic development.

-Cheri Capparelli, Rockacres veterinary, Manlius, NY

Map of Launch New York CDFI Branches and Stories