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.
CDFIs (Community Development Financial Institutions) are essential for ensuring access to capital in underserved communities. These institutions are not just important; they are vital to the small business ecosystem and represent significant assets for our local and national economies. By supporting underserved entrepreneurs, we actively create opportunities for all and empower individuals to achieve the American dream of growth and prosperity.
CDFIs were a critical component to our funding stacking. Allowing us to triple our occupancy and better meet our vision of a world where every family has what they need to ensure the best health outcomes for their children.
Our CDFI has made it possible for me and many others in our community to buy a house, make a budget, and function as responsible community members through educational and financial services.
CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.