The work that CDFIs do helps us all realize the American Dream. They stimulate the economy, locally and nationally, and give credence to the idea of picking oneself up by one’s bootstraps to make a better tomorrow for their community.
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 work that CDFIs do helps us all realize the American Dream. They stimulate the economy, locally and nationally, and give credence to the idea of picking oneself up by one’s bootstraps to make a better tomorrow for their community.
This is greater than just the CDFI Fund. There are countless of small businesses that cannot get financial support in a traditional lending institution.
I cannot state strongly enough how important CDFIs have been to my community and to the country as a whole. They rely in part — as they should — on federal financial support. Please release funds for use by the many CDFIs in the USA.
Community based CDFIs are vital sources of private capital to areas most in need of investment and jobs.