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.
The CDFI Fund generates economic opportunity in distressed rural and urban areas by leveraging private investment and expanding access to credit, capital, and financial services through the investment in and assistance to a nationwide network of Community Development Financial Institutions (CDFIs).
CDFIs work results in invaluable benefits to communities, including jobs, housing, tax revenue, and vitality.
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.
CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.