Madeleine Dean (D-PA04)

Impact in the District

Between 2005 and 2023, there was $110.4 million in total lending from CDFI Fund award recipients, including $34.2 million in loans to businesses and entrepreneurs, $28.2 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
City Cuts Barbershop
Jonathan Escueta founded City Cuts Barbershop when he recognized the need for an urban-style shop in the college town of Kutztown. Starting as a single barber in the rear section of a rented building, City Cuts quickly grew to employ a team of six that offers a variety of services, including haircuts, hair coloring, beard shaping, and more. As demand for the shop’s services grew, Jonathan needed additional space. He did not have to look far, as the front of City Cuts’ building was available for purchase and a perfect spot for expansion.
Mission Screen Printing
Entrepreneur Jason Lindenmuth originally launched Mission Screen Printing in 2004 as a textile printing business producing customized t-shirts. After his enterprise initially grew, Jason experienced an annual trend when t-shirt orders declined sharply during the winter months. To keep his business thriving year-round, Jason decided to diversify by expanding into the niche market of bottle/container printing. However, securing financing for new equipment proved to be a challenge for this small business owner.
PA Assistive Tech Foundation Story: Money Club
Funded by a grant from the Pennsylvania Developmental Disabilities Council, this program invited 17 young adults with a range of disabilities and varying levels of financial knowledge to come together to learn “how to manage your money so your money doesn’t manage you”.
CDFIs with Branches in the District
Appalachian Assistive Technology Loan Fund
Lakeview Community Capital
Pennsylvania Assistive Technology Foundation

Map of CDFI Branches and Stories in

Pennsylvania Fact Sheet