CDFIs are essential in supporting small businesses that are the backbone of the United States’ economy.
CDFIs are essential in supporting small businesses that are the backbone of the United States’ economy.
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.
CDFIs are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.