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.
As a Native CDFI, funding from the CDFI Fund provides Native communities with access to capital that would otherwise be unavailable. Due to the complexities of tribal lands, traditional banks do not offer the same financial opportunities. Native CDFIs, supported by the CDFI Fund, are bridging this gap by providing equitable access to capital in ways that were previously unheard of.
CDFIs have been critical to successfully completing community and economic development projects in distressed and under-resourced communities like Youngstown and Warren, Ohio.
CDFIs (Community Development Financial Institutions) are essential for ensuring access to capital in underserved communities. These institutions are not just important; they are vital to the small business ecosystem and represent significant assets for our local and national economies. By supporting underserved entrepreneurs, we actively create opportunities for all and empower individuals to achieve the American dream of growth and prosperity.
CDFIs stand in the gap for communities that have long been overlooked, offering the tools, capital, and support that empower people to lift themselves up by their bootstraps. From revitalizing main streets to helping families buy their first homes, CDFIs turn potential into progress. With timely and full support from the Treasury Department, these institutions can continue delivering measurable impact, fueling self-reliance, entrepreneurship, and generational change in America’s most underinvested communities