President’s Budget Stories and Data

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Ernest Walker Insurance Agency

Tampa,
Florida

BBIF

432 Flats

Nashville,
Tennessee

Affordable Housing Resources, Inc.

GoGAL Program

Savannah,
Georgia

Access to Capital for Entrepreneurs

Enhanced Estètic

Sandy Springs,
Georgia

Access to Capital for Entrepreneurs

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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 Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Testimonials

As a consulting firm working closely with CDFIs and economic development partners across the country, SBC Small Business Consulting supports [CDFI Fund appropriations]. The clarity and continuity of these federal programs are critical for ensuring small businesses in underserved communities receive the technical assistance and capital they need to grow. We appreciate the Treasury’s commitment to supporting CDFIs and encourage swift action to maintain momentum in local economic development efforts.

Kyle mason, SBC Consulting, Columbus, OH

I am a real estate broker and development consultant working with emerging developers, small businesses and nonprofits. Many of my clients cannot finance their projects with traditional debt and equity because they don’t come from generational wealth and because their projects are more challenging because they are in markets that are not achieving their full potential yet or meeting critical community needs that don’t produce quite as much profit. CDFI lending has stepped in the gap to solve dozens of critical projects that just need a little boost to get to the finish line, and CDFIs are critical partners to Platform’s work.

Renee Spillum, Platform Commercial Real Estate, SBC, Saint Paul, MN

Since its inception in 1994, PeopleFund – a CDFI and SBA Lender – has deployed more than $1.2 Billion in financial assistance in areas that needed jobs and revitalization in Texas. Almost 60% of this growth took place in the last 5 years. We are also the managing member of the Veteran Loan Fund, a collaborative effort of a growing number of CDFIs across the country supporting Veterans and Veteran spouses start and grow their businesses.

Gustavo Lasala, PeopleFund, Austin, TX

CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.

Gene Bargas, Neighborhood Housing Services of San Antonio, INC, San Antonio, TX