As a founding board member (1982) and original board member of this community development credit union, I urge you to continue funding CDFIs that have a vital role in our community with its current housing crisis.
As a founding board member (1982) and original board member of this community development credit union, I urge you to continue funding CDFIs that have a vital role in our community with its current housing crisis.
CDFIs provide access to critical financial services and education in a way that’s accessible to and designed for low income and low wealth people and families. CDFIs help strengthen the US economy by expanding opportunities for homeownership, small business, and consumer credit., and federal grants to CDFIs are leveraged many times over by private capital. Due to the success of this work, the CDFI Fund has been sustained by broad, bipartisan support for 25 years.
Our credit union has been a certified institution since 2017 if not for the [CDFI] program we could not lend to individuals that have a problem getting funding if this program is not funded many citizens who are in financially weakest position the most.