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.
CDFI funding helps us support homeowners, contractors and others in the housing market. It fills gaps in markets such as ours that other funding simply cannot.
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.