CDFIs help people with the big repairs, supporting jobs, and financing vehicles to get to work and shopping. These are all good for the economy as well for those individual families.
CDFIs help people with the big repairs, supporting jobs, and financing vehicles to get to work and shopping. These are all good for the economy as well for those individual families.
Since 2008, CDFI Sustainable Neighborhoods has lent over $600 million to New York State homeowners at risk of losing their homes to foreclosure. Our lending programs have stabilized tens of thousands of households, thus preventing family displacement that leads to personal financial hardship and expenditures of substantial government funding needed to prevent or address homelessness across New York’s rural, suburban, and urban regions.
CDFIs help reduce poverty in our community.