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.
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 are critical to increasing access to capital in communities across the country. Here at Communities Unlimited, we are filling gaps that the market cannot fill. Leveraging the CDFI Fund, we provide lending services that are critical to basic infrastructure in rural places, sparking entrepreneurship in small towns, and deploying capital to increase investment in homes and property in rural areas. Our lending portfolio includes rural and regional water and wastewater systems, small business loans for unserved entrepreneurs who cannot access a loan from a traditional bank, and consumer loans for home improvement, private wells, and private septic systems in rural places. The best part about our lending services: our clients pay them off. These are not handouts but loans. CU’s lending services, through the CDFI Fund, are critical for increasing access to capital and driving economic growth in rural places.
CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.