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.
Our organization serves entrepreneurs and small businesses in Southeast Missouri. Located in the 8th Congressional District, the poorest district in the state, our customers rely on our program and the funding available through programs like the CDFI to get started and stay open. While not a CDFI yet we have plans to apply for TA and move forward for certification this year.
CDFI funding to nonprofits for construction returns more money into the community through economic activity. It’s very important we keep providing this capital in Indiana.
The shift in business models among banks and credit unions—along with ongoing consolidation and the retreat from rural markets—has left a growing number of entrepreneurs without access to traditional financing. In response, MoFi and other CDFIs have become critical entry points for future bank customers.