Katherine Castor (D-FL14)

Impact in the District

Between 2005 and 2023, there was $2.5 billion in total lending from CDFI Fund award recipients, including $137.6 million in loans to businesses and entrepreneurs, $1.1 billion in housing development and mortgage lending, $1.1 billion in consumer lending, $105.7 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
ACTS
ACTS provides treatment as well as housing for persons with substance abuse, mental illness, and other special needs.
Bayou Pass Apartments
Bayou Pass Apartments is located in St. Petersburg, Florida. The project consists of 2 three-bedroom/two-bath units, 6 two-bedroom/two- bath units and 2 one-bedroom/one- bath units. Two of the units on the property are set aside as homeless units.
Bristol Bay Apartments
Bristol Bay Apartments is located in Tampa, Florida. Bristol Bay Apartments is a 300-unit project is comprised of 72 one-bedroom/one-bath units, 132 two-bedroom/two-bath units and 96 three-bedroom/two-bath units. 6 units are reserved for tenants earning 50% AMI and the remainder are leased to tenants earning 60% AMI. Property amenities include an outdoor pool, exercise room, volleyball courts, car care area, tot lot and playground.
Community Asset Preservation Corporation
With a $2 million line of credit from Florida Community Loan Fund, CAPC will purchase homes from pools of non-performing mortgage loans, perform a quality renovation, and return them to active use either as rental properties or for home ownership. CAPC is partnering with a local nonprofit, UNO Federation Community Services, to help manage the renovations, list the properties for sale, provide homeownership counseling, and manage rental properties. UNO is committed to assisting low- and medium-income families, minorities, and underserved citizens, both with jobs during the construction phase and with homes for purchase or lease.
Community Health Centers of Pinellas
Evara increased services for an additional 17,050 Pinellas County residents by adding two new health centers and renovating two existing facilities.
Docked Living
With financing from FCLF, Docked Living provides innovative, affordable rental housing in St. Petersburg, Florida.
CDFIs with Branches in the District
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
GTE Federal Credit Union
GTE Federal Credit Union
GTE Federal Credit Union
GTE Federal Credit Union
GTE Federal Credit Union
GTE Federal Credit Union
Neighborhood Lending Partners of Florida

Map of CDFI Branches and Stories in

Florida Fact Sheet