CDFIs provide banking services to people who would not otherwise have access to these basic services.
CDFIs provide banking services to people who would not otherwise have access to these basic services.
CDFIs have been critical to successfully completing community and economic development projects in distressed and under-resourced communities like Youngstown and Warren, Ohio.
Since 2008, CDFI Sustainable Neighborhoods has lent over $600 million to New York State homeowners at risk of losing their homes to foreclosure. Our lending programs have stabilized tens of thousands of households, thus preventing family displacement that leads to personal financial hardship and expenditures of substantial government funding needed to prevent or address homelessness across New York’s rural, suburban, and urban regions.