NC06 Stories and Data

NC06 Stories

Overcoming Natural Disasters
Julie Painter, a member of the Eastern Band of Cherokee Indians and owner of Visage Salon, faced one of her biggest challenges yet when Hurricane Helene devastated western North Carolina.
Nourish Up
Proceeds will fit out a 19,000 SF commericial kitchen for medically tailored meal production within a 90,000 SF food distribution facility, both of which address food insecurity for low-income people in Charlotte, NC.
Raleigh Rescue Mission
Raleigh Rescue Mission will build an 88,000 SF situational homeless recovery facility, an 18,500 SF children’s learning center, and open green spaces.
OFN Story: North Carolina CDFI Brings Tourism and Jobs to Local Community
Campground in rural North Carolina attracts tourists who support the local economy and help create jobs for community members.

NC06 Fact Sheet

We are a Native CDFI serving the Eastern Band of Cherokee Indians in western NC. Our work here is critical to supporting new business creation, small business growth, job creation and retention, and housing security for tribal members who have historically endured economic hardship and lack of adequate banking and capital resources. Not to be lumped in with the myriad ways government-funded projects and organizations waste tax dollars, our industry has proven itself a superior investment for the U.S. taxpayers and is one our elected officials should be proud to support.

-Russ Seagle, The Sequoyah Fund, Inc., Cherokee, NC

CDFIs are essential for the economic vitality of rural communities like the ones we serve in Western North Carolina. The CDFI Fund represents an extremely effective and high-return investment.

-Matthew Raker, Mountain BizWorks, Asheville, NC

CDFIs provide access to capital for individuals who more traditional financial institutions would otherwise deny. The capital provided allows them to sustain or scale their business.

-Christopher Capel, Aspire Community Capital, Charlotte, NC

Map of NC06 CDFI Branches and Stories