California Stories and Data

California Stories

Bridging the Gap: A Public Servant’s Path to Homeownership
  • Gilroy,
  • California
  • Housing Trust of Silicon Valley
For years, Kathleen dreamed of owning a home where she could build stability and one day welcome a foster child.
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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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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.
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Fairchild Medical Center
  • Yreka,
  • California
  • Clearinghouse CDFI
Fairchild Medical Center (FMC) is expanding its campus to address the critical healthcare shortages affecting low-income, rural residents of Siskiyou County, California. With 30% of residents unable to access care due to a lack of available doctors and 54% unable to secure medical appointments in the past year, the need for increased medical services is urgent.
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California Fact Sheet

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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 are a vital source of capital for the small and micro businesses in our communities, businesses that typically aren’t at the scale to be served by the large banks. They create jobs, generate taxes and keep our communities and economy vibrant and strong.

-Nicki Parr, WEV, Santa Barbara, CA

The programs of the CDFI Fund play a vital role in expanding our capacity to create economic opportunities for members in CA-18 and CA-19. Support from the CDFI Fund through awards and investments has enabled us to expand our micro lending platform and affordable housing opportunities with support from FA, RRP, and ERP awards.

-Barbara Hammond, Santa Cruz Community Credit Union, Santa Cruz, CA

Map of California CDFI Branches and Stories