The CDFI Fund, and the organizations it serves, enable greater numbers of people to participate in the US economy in a positive way, creating jobs and businesses, while producing vital goods and services.
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.
The CDFI Fund, and the organizations it serves, enable greater numbers of people to participate in the US economy in a positive way, creating jobs and businesses, while producing vital goods and services.
CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.
CDFIs are most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.
CDFIs benefit communities like Syracuse, which have experienced economic decline due to the withdrawal of large employers (like Carrier, GE, etc.) but are also seeing revitalization.