CDFIs are a vital source of capital for the small and micro businesses in our communities, businesses that typically aren’t at the scale to be served by the large banks. They create jobs, generate taxes and keep our communities and economy vibrant and strong.
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.
[The CDFI Fund is an] incredibly important economic development agent that helps all small businesses across the country to grow, create jobs, become bankable and strengthen our economy.