CDFIs have had strong bipartisan support at the federal level and I urge Congress to continue to support this important economic driver.
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.
CDFIs have had strong bipartisan support at the federal level and I urge Congress to continue to support this important economic driver.
Invaluable support to people in our neighborhoods who want to build financial security–also to actually finance rehabbing vacant buildings and building new houses on vacant lots in our low/moderate income area.
The impact that CDFI credit unions can make in lower income areas by providing financial tools for the community raises the financial independence of individuals in that area and then lessens the amount of ongoing aid that needs to be provided by the government directly to those communities.
The work that CDFIs do helps us all realize the American Dream. They stimulate the economy, locally and nationally, and give credence to the idea of picking oneself up by one’s bootstraps to make a better tomorrow for their community.