Chairman Stories and Data

Chairman Stories

Built to Scale: Designing a Business with Scale in Mind

Wheaton,
Maryland

Latino Economic Development Center

Empowered Women International is a program under the Latino Economic Development Center that unlocks the potential of women through the power of entrepreneurship.

St. John Manor

Bakersfield,
California

Clearinghouse CDFI

Clearinghouse CDFI (CCDFI) provided a $4,097,478 loan to St. John Village, LP to support the refinancing efforts of St. John Manor, an affordable independent living property for senior citizens in Bakersfield, CA.

Catonsville CO-OP brings together food, community, and local businesses

Catonsville,
Maryland

Baltimore Community Lending

In the summer of 2011, a few Catonsville residents met at the local library. They shared a passion for supporting local businesses and wanted to bring those products into their community. Eleven years later, that idea has blossomed into the Catonsville Cooperative (CO-OP) Market and Grocery, a market and community hub owned and operated by owner members of the community.

A Grand Opening Like No Other

Sunnyvale,
California

Housing Trust of Silicon Valley

A brand new, 90-unit affordable housing community near downtown Sunnyvale, has opened the doors to its first residents and officially celebrated with a Grand Opening like no other!

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Chairman Fact Sheet

Supporting Community Development Financial Institutions (CDFIs) is crucial for economic growth and access to capital in underserved areas. CDFIs provide essential financial services, stimulating local economies by offering affordable loans to small businesses and nonprofits. Increased funding for CDFIs ensures expanded outreach and impact, promoting economic stability and development. Enhanced budgetary support for CDFIs is a strategic investment that benefits the nation’s economic infrastructure.

-T. Jay Diallo, First Community Capital, Inc., Riverside, CA

CDFIs have been essential vehicles for moving investment capital into communities that otherwise cannot access capital. We provide important technical assistance and financial support to grow businesses, finance projects, and revitalize communities thanks to investments from the CDFI Fund, which we then leverage with other private capital.

-Thomas De Simone, Genesis LA, Los Angeles, CA

CDFIs fill a critical void in funding the development of affordable housing. They provide below market interest rates, have flexible terms, and can respond to critical funding needs with more flexibility than a traditional bank/credit union.

-Linda Braunschweiger, Housing Trust Fund Ventura County, Ventura County, CA

Chairman Stories and Data

Chairman Stories

Chairman Fact Sheet

Map of Chairman CDFI Branches and Stories