Spruce Root Stories and Data

Spruce Root Stories

Success Starts with Me
Tlingit Haida Regional Housing Authority and Haa Yakaawu Financial Corporation developed Success Starts with Me to expand homeownership for tribal citizens in rural Southeast Alaska. A $2 million Enterprise Housing Affordability Breakthrough Challenge grant is helping scale the model, which combines individualized mortgages, financial education, sweat equity, and locally built homes.
Wild Scoops
Evergreen Business Capital Community Finance provided equipment and working-capital financing to Wild Scoops after the Anchorage microcreamery outgrew its shared commercial kitchen. The loan helped the company expand production and sales as it grew its small-batch ice cream business using Alaska ingredients and local products.
CDFI Credit Unions Serve Remote Rural Communities
Tongass FCU Expands Banking Access in Alaska
BEARS, BOATS, AND BUSINESS DREAMS
Native Entrepreneur Brings Tlingit Traditions to Tourism with Spruce Root’s Help

Map of Spruce Root CDFI Branches and Stories

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.

Spruce Root Investment Map

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Spruce Root Fact Sheet

Testimonials

Native CDFIs are crucial to provide the financing, investment and literacy services to improve economic and social conditions in Native communities where inadequate or non-existent mainstream financial services are commonplace. We are seeing the positive impacts of Native CDFIs across Alaska and Indian country through increased homeownership, profitable Native-owned small businesses and community improvement projects. Supporting Native CDFIs will build stronger, more resilient communities and better the economy for the nation.

Senator Lisa Murkowski (R-AK)