Tim Burchett (R-TN02)

  • Appropriations Staffer: Kelsey Greenwald
  • kelsey.greenwald@mail.house.gov
  • DC Phone: 202-225-5435
  • Last updated: 02/25/2026

Impact in the District

Between 2005 and 2023, there was $218 million in total lending from CDFI Fund award recipients, including $76.8 million in loans to businesses and entrepreneurs, $69.7 million in housing development and mortgage lending, $52.9 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
Blank Beauty
  • Knoxville,
  • Tennessee
  • Three Roots Capital
Blank Beauty is a fast-growing beauty-tech company based in Knoxville that combines science, software, and robotics to create personalized cosmetics. The company recently closed a $6 million Series A funding round to expand its headquarters and production facility in downtown Knoxville. Three Roots Capital invested in Blank Beauty in May 2025, joining a group of strategic investors that includes EPSON, Kirker Enterprises, and Evolution Venture Capital Partners.
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Bradley’s – Impact in Action
  • Knoxville,
  • Tennessee
  • Pathway Lending
Before diving into the confectionary world, Joy and Brad Hamlett had different career aspirations—Brad dreamed of law, while Joy thrived as a local gift shop merchandiser. When Brad opened his first chocolate store in 1995, little did they know it would lead to both business success and a blossoming relationship between the two. Their partnership kickstarted Bradley’s Gift & Home, now a cherished spot in Knoxville.
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MicroLoan to Technology Company in Downtown Knoxville
  • Knoxville,
  • Tennessee
  • Three Roots Capital
Three Roots Capital made a microloan loan to an energy efficiency software company located in the Knoxville Urban Empowerment Zone.
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Pathway Lending & iDropped
  • Knoxville,
  • Tennessee
  • Pathway Lending
Pathway Lending helped Tiekel Finnikin's dream become a reality after working together to open iDropped.
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SmartRIA
  • Knoxville,
  • Tennessee
  • Three Roots Capital
SmartRIA, based in Knoxville, provides a leading software platform that helps Registered Investment Advisors (RIAs) and their consultants efficiently manage compliance programs. The TennesSeed Fund first invested in the company in 2019 when it was an early-stage start-up. Since then, Three Roots Capital has made several follow-on investments in SmartRIA, most recently in January 2025.
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TreisD
  • Mascot,
  • Tennessee
  • Three Roots Capital
TreisD, headquartered in Knoxville, develops advanced 3D image capture, display, and printing technology that delivers solutions across multiple applications, including supply chain security and brand protection. Three Roots Capital provided a loan to the company in June 2025, followed by an equity investment in July 2025. In addition to its headquarters, TreisD is establishing production operations in Knoxville.
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CDFIs with Branches in the District
Tennessee Members 1st FCU
  • Branch 1
  • , Knoxville
Three Roots Capital
  • Headquarters
  • , Knoxville
tnConnect Credit Union
  • Headquarters
  • , Knoxville
Y-12 Federal Credit Union
  • Y-12 FCU Cedar Bluff Branch
  • , Knoxville
Y-12 Federal Credit Union
  • Y-12 FCU Eagleton Branch
  • , Maryville
Y-12 Federal Credit Union
  • Y-12 FCU East Lafollette
  • , La Follette
Y-12 Federal Credit Union
  • Y-12 FCU Farragut Branch
  • , Farragut
Y-12 Federal Credit Union
  • Y-12 FCU Hardin Valley Branch
  • , Knoxville
Y-12 Federal Credit Union
  • Y-12 FCU Lenoir City
  • , Lenoir City
Y-12 Federal Credit Union
  • Y-12 FCU Maryville Branch
  • , Maryville
Y-12 Federal Credit Union
  • Y-12 FCU Middlebrook Branch
  • , Knoxville
Y-12 Federal Credit Union
  • Y-12 FCU North Knoxville Branch
  • , Knoxville
Y-12 Federal Credit Union
  • Y-12 FCU Powell Branch
  • , Powell

Map of CDFI Branches and Stories in

Tennessee Fact Sheet

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