Uncategorized Stories and Data

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Testimonials

Our CDFI is housed in a non-profit dedicated to cultivating entrepreneurial leadership within underserved communities to increase their economic mobility. CDFIs are crucial to this work and bridging the gap to help entrepreneurs access funding before being able to approach a traditional lender for a myriad of reasons such as lack of credit history, being underbanked or never banking, lacking access to financial literacy resources and education around borrowing process. Being able to combine training resources with microlending support enables our org to further serve these populations in a way that best meets their needs and creates economic growth and jobs within our local communities.

-Ariana Garcia, ASSETS PA, Lancaster, PA

CDFIs fill a critical void in funding the development of affordable housing. They provide below market interest rates, have flexible terms, and can respond to critical funding needs with more flexibility than a traditional bank/credit union.

-Linda Braunschweiger, Housing Trust Fund Ventura County, Ventura County, CA

We have a critical community project that we are planning to build this year using CDFI funds. It will create new jobs and help small business owners.

-Dana Nelson, Tubman, Minneapolis, MN