NY17 Stories and Data

NY17 Stories

CDFI Program Financial Assistance Success Stories: Spring Bank
A CDFI program in NYC enabling low-income employees to access affordable credit, improve credit scores, and build savings
BOLD Charter School
Construction of a 60,000 square feet charter school facility featuring 27 classrooms, small breakout rooms, an art room, music room, science labs, cafeteria/gymnasium, and administrative spaces.
Pickleball Mania
AE financing helped Lesa Carter expand her community recreation business, offering events like family nights for 75+ attendees.
The Juice Collective
AE helped LaTeka Cooke-Davis start her juice bar when others wouldn’t; she’s expanding from Horseheads to downtown Elmira.

NY17 Fact Sheet

Testimonials

CDFIs do vital work to support individuals and small businesses in our communities. Please make sure this funding continues!

-Kimberley McCoy, Cooperative Federal, Syracuse, NY

CDFIs are most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.

-Aisha Benson, Nonprofit Finance Fund, New York, NY

In Syracuse’s depressed economy, CDFIs have been a lifeline for aiding some of the most financially challenged residents and businesses. My credit union has leveraged CDFI funds to lift many households out of poverty, and we need this to continue.

-Susan Hamilton, Syracuse Cooperative Federal Credit Union, Syracuse, NY

Map of NY17 CDFI Branches and Stories