CDFIs make banking accessible for entrepreneurs and small businesses that often lack the institutional knowledge and networks to feel confident in the lending space. CDFIs are a critical tool that helps diversify our economy.
CDFIs make banking accessible for entrepreneurs and small businesses that often lack the institutional knowledge and networks to feel confident in the lending space. CDFIs are a critical tool that helps diversify our economy.
Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
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.