CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.
Funding through the CDFI fund is essential to our home ownership, home ownership preservation and multifamily housing development programs. CDFI funding provides flexible, low-cost funds that fill the financing gaps in projects that provide affordable, safe, and healthy housing to our clients.
CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.