Recent News Stories and Data

Built to Scale: Designing a Business with Scale in Mind
St. John Manor
Catonsville CO-OP brings together food, community, and local businesses
A Grand Opening Like No Other

As a certified CDFI and SBA lender, our organization directly serves the communities and businesses this administration is working to support. We provide capital to small manufacturers, job-creating entrepreneurs, and individuals acquiring businesses from retiring owners-the so-called “silver tsunami.” Our work helps keep vital businesses operating and people employed. CDFIs are a proven and effective mechanism for delivering capital where it is needed most. With continued federal support, we stand ready to expand our impact and remain on the front lines of economic development in underserved communities across the country.

-Bryan Doxford, Grow America Fund, New Yoirk, NY

CDFIs make otherwise impossible projects possible.

-George Sutton, Bedrock Holdings LLC, Minneapolis, MN

NeighborGood Partners became certified as a CDFI by the U.S. Treasury in 2004 and since then, the Loan Fund has lent a total of $180.4 million in 294 loans for affordable housing, community facilities, and neighborhood revitalization. The fund averages about 20 loans a year, with its staff of five managing over $30 million in assets, which represents a 3000% growth in assets since 2004.

-Karen Speakman, Neighborgood Partners, Wilmington, DE