NY22 Stories and Data

Diki Daycare Center
Leviticus Fund Housing Project
Helping Seniors Age at Home With Dignity in Rural New York
CDFI Program Financial Assistance Success Stories: Spring Bank

CDFIs are filling in gaps in the capital markets that make financing more widely accessible and contribute to greater economic prosperity for all.

-Jennifer Talansky, Nonprofit Finance Fund, New York, NY

Invaluable support to people in our neighborhoods who want to build financial security–also to actually finance rehabbing vacant buildings and building new houses on vacant lots in our low/moderate income area.

-Phil Prehn, Syracuse United Neighbors (SUN), Syracuse, NY

The CDFI Fund helps us at Cooperative Federal provide programs for home ownership, small business, consumer credit and financial education for our community, which helps to strengthen the local economy through giving the public access to said services. During a time of high inflation and economic unease, it is more crucial than ever that we continue to be enabled to provide this aid. While I work for Cooperative Federal itself, I have also been a member for several years prior and their free financial education helped me directly to improve my financial situation. Without these programs, people who are already struggling and often cannot afford out of pocket financial education/counseling have nowhere to turn. If we as a country want to achieve greatness, we need to be serving the American people, not stripping them of their ability to raise themselves up!

-Drew Tessier, Cooperative Federal, Syracuse, NY