CDFI Fund Appropriations Stories and Data

CDFI Fund Appropriations Stories

Built to Scale: Designing a Business with Scale in Mind
St. John Manor
Catonsville CO-OP brings together food, community, and local businesses
A Grand Opening Like No Other

CDFI Fund Appropriations Fact Sheet

CDFIs help reduce poverty in our community.

-E. Scott Brown Jr, All Faiths Food Pantry, Syracuse, NY

We have seen thousands of businesses receive grants and loans through CDFIs that have gone on to become successful businesses, contributing significantly to their local economies. Most of these businesses would not have received this capital from other financial institutions, so without this CDFI funding these thousands of businesses would not have been started or would have run out of initial funding before hitting the critical mass necessary to be successful. It means thousands of businesses, employers and employees are now gainfully employed, contributing to the economy and paying taxes that otherwise would not have happened.

-Daniel Posse, LoanWell, Durham, NC

CDFIs have had strong bipartisan support at the federal level and I urge Congress to continue to support this important economic driver.

-Heather Robinson, CDFI Friendly Bloomington Board Member, Bloomington, IN

Map of CDFI Fund Appropriations CDFI Branches and Stories