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.
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 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.
CDFIs solve for capital access gaps that increase economic opportunities for people and communities who have been excluded from that opportunity.
The CDFI FA/TA funding is critical to making projects happen and creating opportunities for employment. The NMTC program is critical to important real estate projects in areas like Opportunity Zones and other under invested areas.
CDFIs are a great, cost-effective way to support development in rural, suburban and urban communities in a public/private finance model heavily weighted to the private side. In our case in enabled locating our manufacturing plant in an area where people needed jobs.