PA01 Stories and Data

PA01 Stories

Philly Builds Credit: A Financial Wellness Initiative
New initiative brings national credit-building model to Philadelphia to turn barriers into bridges
The Tirado Family
Tenfold supported the Tirado family in purchasing their first home in Lancaster City through down-payment assistance and homebuyer education.
The Montanez Family
Through Tenfold’s matched savings and financial coaching, Joel and Katelyn achieved their goal of homeownership in Ephrata.
The Graeff‑Byrnes Family
Jenna and Matthew used Tenfold’s homebuyer education to become homeowners in Lancaster’s SoWe neighborhood, reducing financial barriers.

PA01 Fact Sheet

Testimonials

This funding is crucial to meeting the needs of those who are hard-working, dedicated members of our communities across Pennsylvania, who often lack resources from other financial institutions to meet their needs to maintain employment, housing, and enjoyment in our communities. Without this funding, more people will be in need of additional subsidies to maintain living and thriving in our communities. Eliminating this funding will be far more expensive than continuing it.

-Will Hall, Pennsylvania Assistive Technology Foundation, King of Prussia, PA

CDFIs are an important to give access to those who can’t get access to capital from traditional banks and provides important Technical assistance to borrowers pre and post loan as needed.

-Lynn Cutler, WORC/EOF, Philadelphia, PA

Small businesses are the backbone of the US economy. One estimate is that Small businesses

-Rhonda Harrison, Assets Lancaster, Lancaster, PA

Map of PA01 CDFI Branches and Stories