CDFI are critical in our outline areas. The focus areas and collaborative efforts with tribal members continue to be a success.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
CDFI are critical in our outline areas. The focus areas and collaborative efforts with tribal members continue to be a success.
I support CDFIs because they provide needed capital for small businesses and first-time homebuyers. This capital allows people to build wealth and/or provide a product/service to their community, which leads to economic prosperity for the local area. Because the financing is provided as a loan, clients are equally invested in the success of their home/business.
CDFIs assist businesses and individuals that often cannot access bank capital. Especially in rural SD access to capital is difficult and the # of small banks have been reduced.
CDFIs are needed throughout the country to help people make their dreams come true by becoming a homeowner.