CDFI Fund Stories and Data

CDFI Fund Stories

TruFund Helps Advance Sustainable, Affordable Senior Housing in Brooklyn with Nearly $2M Investment
TruImpact Story: How Colmex Construction Built a Legacy of Opportunity
TruImpact Story: Allstar Community Care
Leroy’s LipSmack’n Lemonade: Business Success Story Fueled by Family, Community, and Autism Advocacy

CDFI Fund Fact Sheet

I strongly urge Congress to support the funding for the Department of the Treasury’s CDFI Fund….As a governing board member of Central States Development Partners, Inc., a national, certified Community Development Entity (CDE), I can personally attest to the measurable and lasting impact the CDFI Fund programs have on Main Street America. In my work with both Economic Growth Corporation and Central States Development Partners, I have witnessed firsthand how targeted federal investment through the CDFI Fund acts as a catalyst for private-sector growth in communities that need it most. These dollars support job-creating projects, from manufacturing, healthcare, and community facilities that increase access to vital community services needed within severely and deeply distressed communities.

-Denise Isaac, Economic Growth Corporation, Washington, DC

CDFIs are very good stewards of federal dollars, both in terms of leveraging other resources and by making loans and investments with great repayment history.

-Suzanne Anarde-Devenport, Rural Community Assistance Corporation (RCAC), West Sacramento, CA

As a former executive of a CDFI I saw firsthand the job creation and the dreams of many clients supported by our organization. We hired amazing financial mission driven talent and we supported hard working entrepreneurs who were seeking opportunities in their community and for their families. The recent EO will not make America great again, it will hurt Americans who are resilient, innovative and a fabric of their communities.

-Celina Pena, Intend LLC, Pittsburgh, PA

Map of CDFI Fund CDFI Branches and Stories