MN04 Stories and Data

Minnesota Entrepreneur Grows Childcare Business with Help of Local CDFIs
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Testimonials

CDFIs drive economic mobility in a way that positively transforms communities in many ways. It’s relevant for folks with a business/economy-first mentality to know: CDFIs create small businesses, develop financially stable households, and increase low-come families’ spending power. These are metrics that are meaningful to people of all political views. Investing in the CDFI Fund pays dividends to the broader economy. This is not a politically divisive line item in the budget. Fund the CDFI Fund!

-Kit Fordham, Mni Sota Fund, Minneapolis, MN

These funds were used to construct our high school building, which has served thousands of students and families in our community.

-Todd Peterson, Hiawatha Academies, Minneapolis, MN

CDFIs are a great, cost-effective way to support development in rural, suburban and urban communities in a public/private finance model heavily weighted to the private side. In our case in enabled locating our manufacturing plant in an area where people needed jobs.

-Don Leeper, Bookmobile, Minneapolis, MN