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.
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 are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.
CDFIs provide critical support that empowers communities to thrive. These financial institutions provide capital that leverages expertise and best practices from the financial services and business sectors to put capital to work in communities across the nation.
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.
We are proud to be one of the many CDFIs channeling capital into otherwise economically underserved communities nationwide. Since 2017, we have financed over 3,000 affordable homes, aided by awards from the CDFI Fund. The CDFI Fund’s programs are essential to our work and our ability to attract and leverage private capital.