The CDFI Fund has helped us positively impact low-income communities by improving their quality of life with access to low and fair loan financing.
The CDFI Fund has helped us positively impact low-income communities by improving their quality of life with access to low and fair loan financing.
I have chaired our local board and our foundation is extremely supportive of the difference [CDFI Fund awards] have made in the Dayton community!
CDFI funds are frequently the only source of funding and lending available to small, scaled community-oriented development in Minneapolis. Without access to those opportunities companies like mine would not be able to accomplish our development goals and create mid-scale projects related to the arts and market rate affordable housing.
I support CDFIs because they provide needed capital for small businesses and first-time homebuyers. This capital allows people to build wealth and/or provide a product/service to their community, which leads to economic prosperity for the local area. Because the financing is provided as a loan, clients are equally invested in the success of their home/business.