NC07 Stories and Data

NC07 Stories

Tavares James
Revitalizing Neighborhoods and Providing Senior Housing in Charlotte
Mechanics and Farmers Bank
The Lazy Tiger Comes to Life through PCAP Partnership

NC07 Fact Sheet

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 affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.

-Adam Safer, Carolina Small Business Development Fund, Raleigh, NC

CDFIs (Community Development Financial Institutions) are essential for ensuring access to capital in underserved communities. These institutions are not just important; they are vital to the small business ecosystem and represent significant assets for our local and national economies. By supporting underserved entrepreneurs, we actively create opportunities for all and empower individuals to achieve the American dream of growth and prosperity.

-Manuel Campbell, ASPIRE Community Capital, Charlotte, NC

Map of NC07 CDFI Branches and Stories