CDFIs provided necessary funding and support to communities, including small businesses. Economic opportunity is the path to a unified society.
CDFIs provided necessary funding and support to communities, including small businesses. Economic opportunity is the path to a unified society.
CDFIs drive economic mobility in a way that positively transforms communities in many ways. It’s relevant for folks with a business/economy-first mentality to know: CDFIs create small businesses, develop financially stable households, and increase low-come families’ spending power. These are metrics that are meaningful to people of all political views. Investing in the CDFI Fund pays dividends to the broader economy. This is not a politically divisive line item in the budget. Fund the CDFI Fund!
This is greater than just the CDFI Fund. There are countless of small businesses that cannot get financial support in a traditional lending institution.