CA49 Stories and Data

CA49 Stories

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

CA49 Fact Sheet

CDFIs have a demonstrated track record of success: they often leverage every federal dollar to attract up to 12 times that amount in private investment, reaching borrowers that traditional banks overlook. Whether it’s a veteran-owned business in Montana, a farm in the Central Valley, or a childcare provider in the South Bronx, CDFIs meet communities where they are, providing not only loans but financial education, technical assistance, and long-term support. This is not a partisan issue. Nearly every congressional district in America benefits from the work of CDFIs, with 92% of House districts having at least one CDFI. CDFIs are an engine of local resilience-supporting job creation, small business formation, and upward mobility.

-Heidi Pickman, CAMEO Network – California Association for Micro Enterprise Opportunity, San Francisco, CA

CDFIs are filling the deep credit gap encountered in many communities providing financing to small businesses, affordable housing, and community facilities, creating jobs and business opportunities and promoting revitalization.

-Mark Wilson, Coalition for Responsible Community Development, Los Angeles, CA

CDFIs have been essential vehicles for moving investment capital into communities that otherwise cannot access capital. We provide important technical assistance and financial support to grow businesses, finance projects, and revitalize communities thanks to investments from the CDFI Fund, which we then leverage with other private capital.

-Thomas De Simone, Genesis LA, Los Angeles, CA

Map of CA49 CDFI Branches and Stories