CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
CDFIs can provide financial tools tailored to the needs of their communities. As a non-profit CDFI serving low-income rural communities, this is very valuable.
I represent Northwest Access Fund, a CDFI serving Washington, Oregon, and Idaho. NWAF offers people with disabilities customized loans, financial coaching, and other resources to promote access to assistive technology, independence, financial resilience, and life opportunities. We are helping people with disabilities and seniors who lack the ability to secure financing to afford crucial assistive technologies and modifications – hearing aids, dentures, wheelchairs, adaptive vehicles, and home modifications. We could not to this vital work without the investment from the CDFI Fund.
CDFIs provided necessary funding and support to communities, including small businesses. Economic opportunity is the path to a unified society.
It is critically important that the United States Department of the Treasury continues to support the work of CDFIS throughout our great nation.