CA48 Stories and Data

CA48 Stories

Bridging the Gap: A Public Servant’s Path to Homeownership
A Grand Opening Like No Other
St. John Manor
Fairchild Medical Center

CA48 Fact Sheet

[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.

-Allison Kelly, ICA Fund, Oakland, CA

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 create impactful changes in communities and provide catalytic growth and changes which provide jobs, particularly in low and moderate in come areas.

-Kathy Bonney, Clearinghouse CDFI, Lake Forest, CA

Map of CA48 CDFI Branches and Stories