CA16 Stories and Data

CA16 Stories

Fairchild Medical Center
Sierra Mountain Center
Laumiere Gourmet Fruits
Coast Central CU Testimonials

CA16 Fact Sheet

Supporting Community Development Financial Institutions (CDFIs) is crucial for economic growth and access to capital in underserved areas. CDFIs provide essential financial services, stimulating local economies by offering affordable loans to small businesses and nonprofits. Increased funding for CDFIs ensures expanded outreach and impact, promoting economic stability and development. Enhanced budgetary support for CDFIs is a strategic investment that benefits the nation’s economic infrastructure.

-T. Jay Diallo, First Community Capital, Inc., Riverside, CA

CDFIs are essential in supporting small businesses that are the backbone of the United States’ economy.

-Patricia Chang, Feed, San Francisco, CA

The programs of the CDFI Fund play a vital role in expanding our capacity to create economic opportunities for members in CA-18 and CA-19. Support from the CDFI Fund through awards and investments has enabled us to expand our micro lending platform and affordable housing opportunities with support from FA, RRP, and ERP awards.

-Barbara Hammond, Santa Cruz Community Credit Union, Santa Cruz, CA

Map of CA16 CDFI Branches and Stories