MA08 Stories and Data

MA08 Stories

New North Canal Predevelopment Line of Credit | Coalition for a Better Acre
Coalition for a Better Acre (CBA) | New North Canal Apartments
Whittier Street Health Center
Family Health Center of Worcester

MA08 Fact Sheet

CDFIs solve for capital access gaps that increase economic opportunities for people and communities who have been excluded from that opportunity.

-Micha Josephy, Cooperative Fund of the Northeast, Inc., Watertown, MA

I cannot state strongly enough how important CDFIs have been to my community and to the country as a whole. They rely in part — as they should — on federal financial support. Please release funds for use by the many CDFIs in the USA.

-Maggie Cohn, Back of the Hill CDC, Roxbury Crossing, MA

CDFIs are essential to ensuring all communities and residents have access to safe, affordable credit when traditional financial institutions are not able to do so. These market-based institutions know their communities needs best and leverage private sector investment. Building bridges between the public and private sectors is what CDFIs do well and we need to preserve the expertise of these organizations by ensuring a robust funding of $324 million for the CDFI Fund.

-Victoria E. Stein, Otis Street Advisors LLC, Newton MA, MA

Map of MA08 CDFI Branches and Stories