Community based CDFIs are vital sources of private capital to areas most in need of investment and jobs.
Community based CDFIs are vital sources of private capital to areas most in need of investment and jobs.
As a CDFI, we are able to provide loans and investments to borrowers for projects that improve the quality of life in our community’s low to moderate income census tracts. Frequently, these transactions are not supported by financial institutions directly under competitive terms and conditions that we as a CDFI can make.
CDFIs have been critical to successfully completing community and economic development projects in distressed and under-resourced communities like Youngstown and Warren, Ohio.