CDFIs are important for local economic development.
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.
CDFIs are important for local economic development.
We ask for your support because CDFIs are a reliable and thoroughly vetted resource to urban, suburban, and rural communities across the country, ensuring businesses and homebuyers have access to capital that helps alleviate generational poverty.
CDFIs support individuals, small businesses, community facilities in rural, metro, and Native communities in every state in the nation. CDFIs have enjoyed widespread bipartisan support for decades. They leverage federal government dollars with bank and other private sector support. They are a smart and efficient market solution the federal government should be proud to support.
CDFIs are an important to give access to those who can’t get access to capital from traditional banks and provides important Technical assistance to borrowers pre and post loan as needed.