Recent News Stories and Data

Meet Allison Bell, Owner of Little Things Preschool and Daycare
Rebuilding Together
Pennsylvania Assistive Technology Foundation Lending in PA District 1
CDVCA Invests in Goodwrx

Mapped CDFI investment data (2005-2023), via CDFI Friendly America.

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

Testimonials

The programs of the CDFI Fund play a vital role in expanding our capacity to create economic opportunities for members in CA-18 and CA-19. Support from the CDFI Fund through awards and investments has enabled us to expand our micro lending platform and affordable housing opportunities with support from FA, RRP, and ERP awards.

-Barbara Hammond, Santa Cruz Community Credit Union, Santa Cruz, CA

Native CDFIs are a critical/integral part of the financing infrastructure in Native communities and they make the most important investments and achieve the most impressive impacts in Native communities. They are directly responsible for enhancing financial literacy/capability, for creating access to capital, for increasing homeownership and building homes, and for providing technical and financial support for entrepreneurs and businesses. Even when traditional banks operate in or near Native communities, they often lack the understanding of the Native culture and complexities of providing financial services in Indian Country. Native CDFIs have emerged to help address the credit and capital challenges and provide Native communities and residents with an alternative to mainstream banks. Our Native CDFI, Four Directions Development Corporation has been a tremendous asset to the Native communities in Maine. We started out with $250,000 in capital in 2002 and over the past twenty + years, Four Directions has lent out over $25 million in capital to first-time homebuyers, new and emerging entrepreneurs and businesses, for tribal community development such as tribal wellness centers, family housing, elder housing and community facilities and infrastructure. Native CDFIs are a fundamental aspect of tribal development, a critical strategic financing partner for building a robust and sustainable economy in Indian communities nationwide.

-Susan Hammond, Four Directions Development Corporation, Orono, ME

Native CDFIs are important to fixing the housing crisis in Indian Country. They are a way for Tribes to attract capital that leave Tribal members in control.

-Senator Cynthia Lummis (R-WY)