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.
I have watched how CDFIs support small business owners and home owners where banks and credit unions could not. The amount banks charge is often above what people can pay, CDFIs that are nonprofits even the playing field for them by investing in the people and not company profits.
CDFIs do vital work to support individuals and small businesses in our communities. Please make sure this funding continues!
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 impact CDFI organizations make through their lending programs helps communities by providing financing that helps create or expand a small business, create or sustain jobs, and offers communities an expanded tax base.