I support CDFIs because they provide essential financial services to underserved communities, helping individuals and businesses access capital that traditional banks often overlook.
I support CDFIs because they provide essential financial services to underserved communities, helping individuals and businesses access capital that traditional banks often overlook.
I have watched how CDFIs support small business owners and home owners where banks and credit unions could not. The amount banks charge is often above what people can pay, CDFIs that are nonprofits even the playing field for them by investing in the people and not company profits.
The CDFI FA/TA funding is critical to making projects happen and creating opportunities for employment. The NMTC program is critical to important real estate projects in areas like Opportunity Zones and other under invested areas.