NEIGHBORHOOD DEVELOPMENT CENTER Stories and Data

Minnesota Entrepreneur Grows Childcare Business with Help of Local CDFIs
Braiding Business and Belief
Eagles Healing Nest
Viva Long Prairie

Testimonials

CDFIs drive economic mobility in a way that positively transforms communities in many ways. It’s relevant for folks with a business/economy-first mentality to know: CDFIs create small businesses, develop financially stable households, and increase low-come families’ spending power. These are metrics that are meaningful to people of all political views. Investing in the CDFI Fund pays dividends to the broader economy. This is not a politically divisive line item in the budget. Fund the CDFI Fund!

-Kit Fordham, Mni Sota Fund, Minneapolis, MN

CDFIs are critical to driving real estate development in underserved communities and during challenging economic times. We have developed more than $100 M in projects using CDFI financing and it is a critical component to the capital stack, as well as important for delivering transformative projects to communities across the country.

-JoAnna Hicks, Element Commercial Real Estate, Minneapolis, MN

CDFIs help make our world a better place.

-Jeffry R. Brown, , Edina, MN