California Stories and Data

California Stories

Bridging the Gap: A Public Servant’s Path to Homeownership
For years, Kathleen dreamed of owning a home where she could build stability and one day welcome a foster child.
A Grand Opening Like No Other
A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!
St. John Manor
Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.
Fairchild Medical Center
Fairchild Medical Center (FMC) is expanding its campus to address the critical healthcare shortages affecting low-income, rural residents of Siskiyou County, California. With 30% of residents unable to access care due to a lack of available doctors and 54% unable to secure medical appointments in the past year, the need for increased medical services is urgent.

California Fact Sheet

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Testimonials

We are proud to be one of the many CDFIs channeling capital into otherwise economically underserved communities nationwide. Since 2017, we have financed over 3,000 affordable homes, aided by awards from the CDFI Fund. The CDFI Fund’s programs are essential to our work and our ability to attract and leverage private capital.

-Rebecca Foster, San Francisco Housing Accelerator Fund, San Francisco, CA

CDFIs provide critical support that empowers communities to thrive. These financial institutions provide capital that leverages expertise and best practices from the financial services and business sectors to put capital to work in communities across the nation.

-Kavita Raman, KRG Consulting, San Francisco, Ca

Supporting Community Development Financial Institutions (CDFIs) is crucial for economic growth and access to capital in underserved areas. CDFIs provide essential financial services, stimulating local economies by offering affordable loans to small businesses and nonprofits. Increased funding for CDFIs ensures expanded outreach and impact, promoting economic stability and development. Enhanced budgetary support for CDFIs is a strategic investment that benefits the nation’s economic infrastructure.

-T. Jay Diallo, First Community Capital, Inc., Riverside, CA

Map of California CDFI Branches and Stories