CDFIs support individuals, small businesses, community facilities in rural, metro, and Native communities in every state in the nation. CDFIs have enjoyed widespread bipartisan support for decades. They leverage federal government dollars with bank and other private sector support. They are a smart and efficient market solution the federal government should be proud to support.
CDFIs, as mission-driven financial institutions are at the forefront in providing access to capital to underserved borrowers.
CDFIs are a great, cost-effective way to support development in rural, suburban and urban communities in a public/private finance model heavily weighted to the private side. In our case in enabled locating our manufacturing plant in an area where people needed jobs.