CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
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.
CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
Invaluable support to people in our neighborhoods who want to build financial security–also to actually finance rehabbing vacant buildings and building new houses on vacant lots in our low/moderate income area.
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.
As a founding board member (1982) and original board member of this community development credit union, I urge you to continue funding CDFIs that have a vital role in our community with its current housing crisis.