It is critically important that the United States Department of the Treasury continues to support the work of CDFIS throughout our great nation.
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.
It is critically important that the United States Department of the Treasury continues to support the work of CDFIS throughout our great nation.
The CDFI industry has grown thanks to broad bipartisan support over the last 25 years. We’re counting on Congress to keep this essential economic development engine moving forward.
I appreciate the aspect of the program that puts decision-making in the hands of non-governmental institutions. I think this facilitates efficient use of tax-payer dollars.
As a CDFI, we support areas that have had historical underinvestment and see a transformative impact to those communities over time. The CDFI fund has an excellent private investment track record that accompanies the Treasury investment, leveraging the funds at an $8 or more for every $1 from the CDFI fund. This helps incentivize investment in these communities, bringing greater prosperity to all and putting all Americans to work that can access these programs.