Long Island Small Business Assistance Corp. Stories and Data

Long Island Small Business Assistance Corp. Stories

CDFI Program Financial Assistance Success Sotires: Spring Bank
BOLD Charter School
The Juice Collective
Pickleball Mania

Long Island Small Business Assistance Corp. Fact Sheet

Our credit union has been a certified institution since 2017 if not for the [CDFI] program we could not lend to individuals that have a problem getting funding if this program is not funded many citizens who are in financially weakest position the most.

-Michael Veksler, The Finest Federal Credit Union, New York, NY

CDFIs benefit communities like Syracuse, which have experienced economic decline due to the withdrawal of large employers (like Carrier, GE, etc.) but are also seeing revitalization.

-Lisa Saka, Resident, Syracuse, NY

Since 2008, CDFI Sustainable Neighborhoods has lent over $600 million to New York State homeowners at risk of losing their homes to foreclosure. Our lending programs have stabilized tens of thousands of households, thus preventing family displacement that leads to personal financial hardship and expenditures of substantial government funding needed to prevent or address homelessness across New York’s rural, suburban, and urban regions.

-Pamela Sah, Sustainable Neighborhoods/Center for NYC Neighborhoods, New York, NY

Map of Long Island Small Business Assistance Corp. CDFI Branches and Stories